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Newcrest Mining Ltd NCMGF


Primary Symbol: A.NCM

Newcrest Mining Limited is an Australia-based mining company. The Company's principal activities are exploration, mine development, mine operations and the sale of gold and gold/copper concentrate. The Company owns and operates a portfolio of brownfields and greenfields exploration projects. The Company’s assets include Brucejack, Cadia, Havieron, Lihir, Red Chris, Telfer and Wafi-Golpu. The Brucejack asset is located approximately 950 kilometers (km) from Vancouver, Canada. The Cadia asset is located approximately 25 km from Orange, New South Wales (NSW). The Havieron asset is located approximately 45 km east of Telfer. The Lihir asset is located on the Niolam Island, approximately 900 km from Port Moresby, Papua New Guinea (PNG). The Red Chris asset is located approximately 1,700 km from Vancouver, Canada. The Telfer asset is located approximately 400 km from Port Hedland, WA. The Wafi-Golpu asset is located approximately 65 km from the city of Lae, PNG.


ASX:NCM - Post by User

Bullboard Posts
Post by PrudentInvestoron Feb 17, 2019 8:53am
178 Views
Post# 29376619

2019 Guidance is Prudent

2019 Guidance is PrudentPVG put out what it said was PRUDENT guidance which I agree with. Lower expectations and BEAT or meet but don't disappoint.  Q1 2019 will be very good because gold price higher, interest expense and market to market adjustment will be much lower cost. Grade is being managed and expectation is that they understand the stopes and grades better as time goes on. Joe used to say that there have been no mine visits now he says PVG does not comment on possible M&A. PVG has to be on acquirers radar screens.
Bullboard Posts