Ann: Newcrest to acquire potential Tier 1 orebody in Canada, page-13

As an investor in NCM I am trusting that they have done significant due diligence before investing a $ bill in this asset - they see value and significant upside here and a fit with Company know how. The POG has taken a breather after a run from 1200 to 1350, but i am an investor because I envision the POG going through 1400 and beyond. This latest acquisition will be judged in 12 months time with work done on proving resources / reserves and a devt plan....and with tradjectory of POG. With this context I am viewing this deal optimistically. In 12 months time if POG is 1450 we wll be pleased with this deal....at 1150 not so much. My money is literally on the former!