On 2.7 million ounces of gold production every AUD$100 increase in the price of gold is an extra $270 million revenue for NCM. However, NCM is significantly increasing gold production.
Having a look at a chart the Australian dollar gold price has clearly broken out to the upside from the consolidation pattern it was in for some time.
It's only a matter of time imo before NCM makes serious, exciting price gains. I topped up last week during a panic down day.
- Forums
- ASX - By Stock
- NCM
- profit $1b+
profit $1b+, page-3
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NCM (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online