NCM 0.00% $23.35 newcrest mining limited

when to buy, page-223

  1. 13,172 Posts.
    lightbulb Created with Sketch. 2811
    yeah sure, but
    Gold price last 30 days up 5.88 aud
    Gold price last 60 days DOWN 76.44 AUD
    Gold price last 6 Months down 10.67
    Gold price last 1 year down 13.42

    production up on last year due to drawdown of stockpile,
    costs down on last year on firing, withholding sustaining capex, parking up of assets, so the mega factory which was build on debt is now actually turning down ultilisation, and they are turning down utilization because it is not making massive amounts of positive cash,,because the prices for its goods are down, and it has an outstanding bill for building the mega factory still outstanding

    company only last week lowered forward production guidance

    production down on last QTR...
    Revenue down on last year...

    these are facts currently being ignored, as I said she is a beast but history has show they are not ignored too long, its not a growth company just priced like one



 
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