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.

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Newcrest Mining Ltd

Bullboard Posts

Comment by Ht7d45hon May 16, 2018 2:45pm

258 Views

Post# 28041008

RE:RE:RE:RE:RE:RE:Something good to happen before year end

Exactly....

If PVG did not have that huge debt burden it would be an attractive buyout/takeover target.

That is my main gripe with the current scenario. Management made promises about profitability (costs) and buried the company in debt. The debt remains and the results have not lived up to the promises made.

The amount of the shortfall is from $100m+ to $150m a year in profitiability.

That makes a big difference when trying to pay back $700m in debt.