NCM 2.75% $28.78 newcrest mining limited

Broken out!, page-29

  1. 6,436 Posts.
    lightbulb Created with Sketch. 963
    doesnt need any of that.   4yr consolidation now appears broken - at todays prices
    NCM - 7.0x gross operating cashflow
    SAR - 10.4x
    RRL -  8.7x
    SBM - 7.6x

    now its broken out - as the biggest ounce, lowest aisc, longest life 'pure' aud goldie it has about a 40-60% re-rate coming just to get back to it normal premium to the smaller mid size goldies - so long as ops performs

    i think it takes a breakdown in aud pog trend to stop it now on a trend basis
 
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