Consider the Wafi-Golpu deposit alone and looks at the NCM current share price.
Then look at the difficulty the big miners are having in replacing reserves. I still maintain at current share price levels NCM has to be on the radar of a Newmont/Barrick/Goldcorp - obviously the high aud an impediment though. Given the way gold stock share prices en masse have been hammered I think the likelyhood of m&a this year is strong.
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Consider the Wafi-Golpu deposit alone and looks at the NCM...
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