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Newcrest Mining Ltd T.NCM


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 Woodporteron Jul 24, 2021 10:32am
161 Views
Post# 33600728

RE:RE:RE:RE:RE:RE:Anybody else notice this?

RE:RE:RE:RE:RE:RE:Anybody else notice this?
sclarda wrote:
From my calculations PVG should be cashflowing aprox. $350 million Cdn. per year at todays gold prices. 

At 8 times cashflow that equals a shareprice of aprox. $15

At 10 times cashflow the shareprice should be aprox.  $19

Anyone else care to take a guess as to where they think the shareprice will be six months to a year from now?



I have $23 cdn in mind within a year, as the market prices in the expanding resource due to the drilling, and  gold rises in price as our transitory inflation is seen to be not so transitory.
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