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
NCM Price at posting:
$25.44 Sentiment: Buy Disclosure: Held