NCM newcrest mining limited

Hi, just an FYI to all holders or those interested. Reports have...

  1. 436 Posts.
    Hi,

    just an FYI to all holders or those interested.

    Reports have been issued by CLSA, GS & CS since results were announced.

    CLSA TP A$18.20 SELL
    CS TP A$19.20 UnderPerform
    GS TP 22.00 Neutral

    all citing higher costs expected for FY2017 as cause for concern.

    The chart has a huge gap to fill from early June in the early A$20's. I will be monitoring near there and suspect I will be looking to go long.
 
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