NCM
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0.00% $23.35 newcrest mining limited

Guess NCM will follow the market - but I'll be interested to see...

  1. Timoshev
    453 Posts.
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    29/09/11
    09:46
    Post #: 9026241
    Guess NCM will follow the market - but I'll be interested to see if the the quarterly results have any impact. Septmber 2010 report was out on 21 Oct, so only 3 weeks or so to wait.

    If production is at the low end of guidance it'll be about 700,000oz. Looks to me that POG will be about $A$300 higher than last years average of A$1378 which equates to profit increase of A$210 million for the quarter.
    NCM Price at posting: $35.11 Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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