NCM
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2.75% $28.78 newcrest mining limited

It’s a great leveraged play. They have the largest gold reserves...

  1. Happy!Days!
    741 Posts.
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    30/08/18
    07:40
    Post #: 35281124
    It’s a great leveraged play. They have the largest gold reserves in the world.

    If we can get 12 months of both Lihir and Cadia operating well then we should be laughing. They could almost be debt free in 12 or so months. Mind you their gearing ratio is bugger all....
    NCM Price at posting: $19.91 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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