NCM 2.75% $28.78 newcrest mining limited

Time for a new CEO?, page-7

  1. klu
    551 Posts.
    lightbulb Created with Sketch. 40
    "he has done a reasonable job cleaning up the balance sheet over the past few years"

    Total free cash flow: $601m
    FCF from Cadia: $691m

    Take out Cadia, you have a FCF of -$90m. Negative FCF without Cadia! Wake up?
    No need to remind that Cadia East started production only "over a few years". In addition, looking at a chart of PoG in AUD in the past 10 years, it has been near the top "over the past few years".
 
watchlist Created with Sketch. Add NCM (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.