NCM 0.00% $23.35 newcrest mining limited

NCM has debt of 300million over the next three and a half years...

  1. 146 Posts.
    NCM has debt of 300million over the next three and a half years to be repaid. It has projected OCF surplus of over $1 billion per annum. That is in no way a debt cliff. Then there is a further $800 mill due over FY 2019 and $500 mill in FY2020, both of which could be rolled over or paid off well before then out of FCF. There is even room to recommence paying dividends. This does not take into account future increases in FCF based on the low cost Cadia ramp up. So I would like to know why you made such a statement? Please give me facts based on the financial statements.
 
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