Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

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.

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Newcrest Mining Ltd

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Comment by marnesueon Aug 25, 2017 1:10pm

281 Views

Post# 26622181

RE:RE:RE:RE:RE:Just FYI -- someone taking interesting PUT positions for Jan

$500,000,000.00 - Not bad for acompany with a market cap of only 1.44B. At the current price (U.S.) This would mean a P/E of about 2.8. And they want to buy your shares for $8.00/sh?
I think their plan is to hold the price near $8.00/sh for 3 months then come in with an offer of $10 or $11/sh which is "25% above the average market price for the past 3 months" and the shareholders are supposed to thank them profusely.

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