I rarely comment , but the interesting thing to me was the strongly negative theme from the UBS analyst. I read the report and listened to the presentation and yes, there are some issues with Lihir, but it appears that they are slowly being resolved... and this does take time. Other areas of the business were very positive, themes that UBS ignored. Call me a cynic but I am hoping that this analysis results in a fall in the SP so I can buy some more.
FYI short term hold, Longer term target $16.90.
NCM Price at posting:
$13.94 Sentiment: Hold Disclosure: Held
