NCM 0.00% $23.35 newcrest mining limited

sweet spot (pun intended!)

  1. 374 Posts.
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    Unless I'm reading this wrong NCM is in for a massive quarterly profit. It has confirmed guidance at the bottom end for production 1.81m ozs. To get there it is going to need a massive qtr. About 600,000 ozs from memory. With gold now at about $A1470 per oz the profit for the quarter will be huge. Whats going to go wrong?
 
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Currently unlisted public company.

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