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.

ASX:NCM - Post by User

Newcrest Mining Ltd

Bullboard Posts

Comment by Ht7d45hon May 16, 2018 11:09am

163 Views

Post# 28039102

RE:RE:Something good to happen before year end

Anyone who is willing to take on $700m+ in outstanding debt
+ whatever they'd offer per share which there are over 190m of which at todays price
would be about $1.4b - so over $2.1 billion for a mining operation that might clear $35-$40
a quarter or about $145m a year the way things are going.

Payback period of 14 years

Change the share price paid to $3 makes the payback period 8 to 9 years

$1 a share = 6 years

Yes someone might buy it