NCM newcrest mining limited
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its still relatively cheap at $35 given the $A1,500+ gold...

  1. beermee
    2,646 Posts.
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    18/02/09
    10:49
    Post #: 4808799
    its still relatively cheap at $35 given the $A1,500+ gold price.

    do the maths:

    at that gold price ($A1,500), assuming a $500 per oz cost to mine and annual production of 1.6m oz, over 12 months ncm will have a gross operating profit of $1.6B......
    NCM Price at posting: $35.54 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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