So .... half yearly profit to end of calendar year 2008 may exceed a 15% increase compared to the corresponding period last year.
That may be a conservative statement.
One wonders how much ADOVE a 15% profit increase there will be given:
* the significant increase in the POG; * Telfer production being ramped up; * Other production increases; * An end to the after effects of the Varanus Is. gas supply disruption (was NCM compensated for this disruption?; * cheaper energy costs in line with falling oil prices
The future has never looked better for NCM
2009 will see NCM breaking above its all time high - sooner rather than later ... imo.
NCM Price at posting:
$31.40 Sentiment: LT Buy Disclosure: Held
