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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 Kewl002on Feb 26, 2018 11:31pm
171 Views
Post# 27625771

RE:Flow Dome Zone (aka porphyry)

RE:Flow Dome Zone (aka porphyry)Perhaps an answer to your question is mgmt attempting to keep retail investors informed while not providing enough information for a hostile takeover bid to emerge at the current depressed share price..

RQ "seems" to want to build/operate this mine versus turn it over to a major -- he has a reputation for personal integrity and perhaps this is to be his legacy project. If so he won't want it stolen before he gets a chance to complete it. 

What would the effect be of PR's confriming higher Au grades surrounding a porphyry once we are operating steady state at the original or higher g/ton while kicking out cash flow at $1400/oz while stock price is already at +$30 share? 

We aren't that far from $1,400/oz already and the payback period at that level was only ~27 months -- and that was before the requested increase in mill rate (shorten the payback period).
Bullboard Posts