little wonder they released the results after market
Huge falls in comparable results despite so many predicting bumper free cash flow, monster debt reductions with a favourable gold price, copper price and exchange rate
As usual its trading on insane multiples as if its a growth company.
Look at these multiples people are paying at yesterdays closing price. today it would be X43, price to assets , yield----------insanity continues
EPS, Asset backing Price to assets, EBIT yoy, yada yada
lucky Van Eck is in there, that's all I can say
NCM Price at posting:
$23.05 Sentiment: None Disclosure: Not Held
