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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 LovesAUon Mar 05, 2018 10:29am
216 Views
Post# 27660916

RE:RE:RE:RE:Looking ahead...

RE:RE:RE:RE:Looking ahead...Well they missed the consensus estimate last 1/4 by .03 making .05 on a consensus low of .08. Then they had the oops, we&#39;re sorry but we forgot to sell 50k ounces announcement because this is apparently their first rodeo and nobody ever thought that they might have to actually sell gold.<br /> <br /> That kind of business acumen is breath taking. On the very best scenario- I cannot see them making anymore than .12 and that includes selling the leftover gold from quarter 3 and obtaining best prices after paying AISC. I can see a couple of extraordinary charges as well.&nbsp;<br /> <br /> So my gross number is .12. Would not be surprised to see it lower.
Bullboard Posts