NCM 0.00% $23.35 newcrest mining limited

net debt load 4 142 000 000 = huge risk, page-49

  1. 941 Posts.
    sg,

    It was interesting they came back after a drop to 125X earlier. That was the switch we were hoping I guess.
    That was almost the first sign of "it is possible the crisis may push the POG."

    I do not know what makes you think there will be an agreement today after all. It was the most negative indications which negotiators would not event want to talk to media.

    As I say: confused then ever I do not know how this dilemma will end. As a long term worried person I think all this is nothing. The big issue is USAs 17 trillion $ debth and other world economics need for USA support.

    Remember the agreement we are talking about is the lifting of ceiling not the Government Shutdown YET.

    As a traditional person I am thinking others may seek a safe haven in GOLD until USA and Euro and Asia finds a way out of this.

    Finally I am glad I was able to get your attention to the global effects on OZ. I think we are well placed as we have the resources and expertise. It can not be bad. Especially a new government is doing everything for business.

    IMO
 
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