Post by
Freemealforall on Jan 28, 2021 9:19am
Interesting day
Ncm published q update... No significant mentioning of anything actually .... low production volumes and consequently high aisc for RC (main reason: huge sustainable costs - inv./costs p.t. which will result in very low, posible negative quarter for RC)... engouraging news on all projects for improvement (though w/o any details !!!)... somebody's opportunity to further drive sp down and gather shares.... will 3,87 hold ...or 3,59 (200 dma line) will be tested?.... do we go bellow? Lets see what the big ones decide this time !!!
Comment by
Freemealforall on Jan 28, 2021 9:27am
Well, they might even decide the opposite... (having in mind >0,7 vs.2,8 of market p/b evaluation and all prospects behind at RC... holes were not so bad at the end...).
Comment by
temeraire on Jan 28, 2021 11:39am
I've seen nothing in '21 from NCM. Fingers crossed for a revised resource estimate at some point,....
Comment by
Freemealforall on Jan 28, 2021 11:58am
Ncm in the morning published dec quarterly results (28.1.2021)..... go on web page but search under market releases !!! There is also exploration update..... https://www.newcrest.com/investor-centre/results-reports?release_type=11
Comment by
egss on Jan 28, 2021 3:34pm
NC can dramatically increase production here and I believe they are redoing mine plan at Polley.
Comment by
likeike on Jan 29, 2021 2:08pm
Eggs NC has nothing to do with Polley. NC can dramatically increase production here and I believe they are redoing mine plan at Polley. Ike
Comment by
temeraire on Jan 30, 2021 8:24am
...perhaps a contracted service? We know NCM is full of qualified tier 1 people who could be a huge help to Brian's aspiring management team. Of course we're all betting the horse on this one but help for the jokey would be welcome......just sayin...sip...sip
Comment by
egss on Jan 30, 2021 2:41pm
Prior to the Mt Polley disaster III planned on a 5x expansion at RC I believe NC may follow through on this. I'm aware NC has to interest in Plley but they did a lot of drilling over the last 24 mos and I believe restart is iminent.
Comment by
temeraire on Jan 31, 2021 3:50pm
Agreed. Imagine if ME saw the logic of simply outsourcing the entire management of The company to NCM. Is Brian a candidate for early retirement?