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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
Post by pathson Feb 10, 2018 6:08am
204 Views
Post# 27537894

Q4 estimates?

Q4 estimates?
The date for this March 8, is approaching. As a rough estimate, I'd assume the same amount of dore and concentrate remain produced but not sold, shipping and processing time is significant. Therefore sales could be about the same as production at 70,281, with a average price for the quarter of say 1300. Depending on costs chosen, it's 9 or 10 cents per share for the quarter. Looking briefly through the analyst reports, the report that seems to fit the best to this is the Scotiabank estimate which has 0.10/share estimated (O. Habib). I doubt they will give an update on grade and ounces, but it might be possible they could adjust the guidance instead, if they thought they had an improved range now??  
Bullboard Posts