held down?,,,,the E for NCM fell, its EBIT margin fell and its price has expanded substantially,,,thought it had done rather very well considering.........
NCm is a gold and Copper producer - copper has been belted since jan - needs to earn more(pog aud up since jan - good) but credits to report lower cost numbers (bacuse of copper price will be less) (minus good) - margin AUd falls increases costs - refer report and is lower than last half AUd down - increases aud value of usd debt levels AUD down increases aud service costs
Much more to NCm than production and just pog aud price,,,
still doing well its in the green atm
NCM Price at posting:
$11.40 Sentiment: Hold Disclosure: Held
