Agree goldmick, $37 likely very soon and that will probably be the roof of the rally, think we have pretty much confirmed we have hit a floor for the low point now. Today has confirmed the rally, we need to ensure that we close higher than the opening price to ensure it heads higher.
The TSX listing will be important to bring in more money, this will have a positive effect come the middle of the year and improve cash flow. There is plenty of positives and some of the negatives from Lihir, PNG and the gold price have been factored in now, so things are finally starting to look up now. Doubt we will see sub-$30 ever again now. This was the buying opportunity that NCM holders have been dreaming of, now it's time to benefit for the believers...
NCM Price at posting:
$34.38 Sentiment: Buy Disclosure: Held