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!
NCM Price at posting:
$24.46 Sentiment: Buy Disclosure: Held
