A bid for NCM will probably not happen until after Telfer is...

A bid for NCM will probably not happen until after Telfer is commissioned.

Gold will fluctuate on a day to day basis, but I again re-iterate that gold is going up.

From the perspective of a potential bidders such as NEM, ABX or PDG, the AUD gold price not moving has not helped as the AUD has surged v the USD therefore making the USD price of NCM higher.

However, gold will soon rise at a rate that will also see the AUD gold price rise and therefore intrinsically increase the value of NCM.

Gurutrader2005 stated that NCM is overvalued and he is and will be proven to be, so very, very wrong