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$28.78 newcrest mining limited

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Moneymaker1979

2,336 Posts.

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02/10/18

14:29

Post #: 35965712
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Originally posted by sydneyguy: ↑

World
Class assets which produce little in terms of shareholder returns -

Aud gold
And copper price below last year and profit was tiny- production is still stagnant after years and it’s already trading at insane pe!

As the overdraft comes
Down- they have flagged they need to spend a lot of capital ——-ie build debt again- telfer

Lihir not doing that great

They should imo get new ceo- operation edge and everything else did nothing imo - it was merely a pop in gold price and copper prices and fall in aud that saved ncm

- sell all the mines pay off all debt- just operate Cadia and the bank balance will grow significantly and quickly and shareholders will be better rewarded—— its a long life mine—- the other big chunks of resource and reserves just cost money to hold, maintain and develope—- shareholders could get rewarded quickly if this businesses ness was broken up imo

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Gold is firming, should see a ST bounce tomorrow,

Originally posted by sydneyguy: ↑

World
Class assets which produce little in terms of shareholder returns -

Aud gold
And copper price below last year and profit was tiny- production is still stagnant after years and it’s already trading at insane pe!

As the overdraft comes
Down- they have flagged they need to spend a lot of capital ——-ie build debt again- telfer

Lihir not doing that great

They should imo get new ceo- operation edge and everything else did nothing imo - it was merely a pop in gold price and copper prices and fall in aud that saved ncm

- sell all the mines pay off all debt- just operate Cadia and the bank balance will grow significantly and quickly and shareholders will be better rewarded—— its a long life mine—- the other big chunks of resource and reserves just cost money to hold, maintain and develope—- shareholders could get rewarded quickly if this businesses ness was broken up imo

Expand

NCM Price at posting: $19.12 Sentiment: Buy Disclosure: Held
1 Upvote

0 Great analysis

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