Train Wreck ? 9 months from now under $15 dollars. Reasons are obvious
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NCM is on same bad track what Santos was 3 years back. That is what I meant Train Wreck Ahead
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NCM valuations is too expensive by all measures. Project funding is based on copper being above $3/lb which is now 2.60/lb range, Gold above 1300/Oz. Chance of Capital Raising to meet Major Project funding are now exceptionally high.
NCM Price at posting:
$19.35 Sentiment: Sell Disclosure: Not Held