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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 Dec 12, 2018 10:49pm
166 Views
Post# 29107398

RE:was there something in the postbox today ?

RE:was there something in the postbox today ?Many days ago on this BB --someone posted that there was a Dec 17 expiry period for the employee options due in 2018. I could not confirm this information anywhere but it was discussed at length in several posts.

I would therefore expect that management WOULD HOLD any major announcements until the end of the actionable period so that they cannot be accused of driving up the value of the stock while employees still have time to exercise these shares. Last thing the company needs is lawsuits arguing favouritism.

Therefore, an excellent rumour MIGHT be that the announcement of the additional mill capacity will occur next week.

It would certainly be an excellent Xmas present for long term investors.

Also might explain some of the share covering heading into the end of this week......


Bullboard Posts