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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

Comment by sailor8on Nov 26, 2021 5:34pm
135 Views
Post# 34170963

RE:70.85% = Quite narrow "YES" vote result at Kirkland Lake

RE:70.85% = Quite narrow "YES" vote result at Kirkland Lakeups, sorry, better full quote: 
...186,840,773 Kirkland Shares, representing approximately 70.85% of the issued and outstanding Kirkland Shares as at the record date, were voted at the Meeting. The Kirkland Arrangement Resolution was approved by 150,681,106 Kirkland Shares or approximately 80.65% of votes cast...


So 80.65 % against needed 66.66 % in the cast box. 

From all the outstanding 263.7 million KL shares only 150.7 million shares voted with "Yes". What is only 57.1 % !!! of the outstanding shares which voted with a "YES". 

But as so many KL share owners did not vote the deal came throug cause only the votes casted are basis for the decision. 

Watch: this demonstrates how important it is to vote. And to vote with "NO" in our case, when it comes to the voting.

Every not sent out vote will be also in our case an indirect shameful "YES" vote !
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