Think I meant to write "$21.50" not $20.50!!!! Moneymaker has had this right with his call this morning it appears.
Still, gold has stabilised these last three days. But a crumby week alround for gold and NCM in particular. Has to be a recovery from this.
Cadia coming back to full production has to be better than what we've seen so far in the recent squeak in the share price. NCM will be trading on a PE of 15 or under for 2018/19 at these prices and that is simply not on in my estimation. ... Looks like a visit down to the 50 day M.A. is this target???
Groan, groan ...
Kip
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