"Looking ahead- Newcrest planned acquisition of a stake in Solgold has the potential to positively catalyse its p r o f i t a b i l i t y. Newcrest free cash flow of US$814 million in financial year 2016 also provides the opportunity for the M & A activity as well as exploration and asset development over the medium term."
Note:
What market intel one draws from "has the potential to positively catalyse its profitability" is left to the reader to conclude.
Again, this provides an insight from e x t e r n a l sources of Newcrest and Solgold as per title header in the said article: "Looking ahead." Many will be perhaps aware that majors do not necessarily want to commit to giving foward guidance into a stake? So one looks at external publications that often would write up on the public news stories.
Whilst this is about 1 month old +, it is insightful. I was not free to delve further until now with off-time.
I noticed that after I press post, some words have not appeared in the correct spelling as typed?
Sol1 HotCopper 27 Nov 2016
DGR Price at posting:
8.6¢ Sentiment: None Disclosure: Held