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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
Comment by dove18on Nov 12, 2017 12:25pm
305 Views
Post# 26947488

RE:What the Q4 numbers might bring...

RE:What the Q4 numbers might bring...Bossu, I like your way of seing this mine. At the end you mention that total profit should be $ 80.9--; but the  $ 26.0-- comes from the Q3; so, projections for 4Q shouls probably be $52.0--. Still , this is nearly .28/ sh  and a super performance for a mine in its first year of operation.
Year 2018 should look like 1000000T @14 g.X 96%= 13440000g i.e 450000 oz.
With an AISC still going down and with a price of gold looking at 1300/oz, we are easily going towards a profit  of  $225000 . or about $1.20 + for next year.
Bullboard Posts