NCM newcrest mining limited
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Very approximate I know but if you take last quarter production...

  1. Timoshev
    453 Posts.
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    03/08/11
    17:24
    Post #: 8767786
    Very approximate I know but if you take last quarter production of 700,000 and multiply by price increase of A$150 since then (assuming it's sustained) then you end up with $105 million increase in profit for the quarter.

    Keep the fantasy going and you could dream of annual profit up by 80%.

    Be a bit more sober and you still have to think there will be a decent jump in profit for 2011/12.
    NCM Price at posting: $40.75 Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 6  Upvote
    lightbulb Created with Sketch.  Great analysis
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