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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
Post by cigarbuttson Jan 11, 2019 1:52pm
148 Views
Post# 29219904

Streamer Dreamers

Streamer DreamersPlease get a clue...............The stream payments had and have not kicked in yet.

Starting 2020.     Nowit is gone, for the year end 2018 Purchase Price. 

The liability is gone too.

The company debt has been streached out both principal and interest. 

Bulls should be at least a little happy...................your still alive with the equity. 

IMO they high graded it best they could with near 1200 level stopes,  to get enough OCF to  refi the debt and repay the stream...............

Unless they find some ultra rich veins that were not counted on in the development drilling,  this grade has peaked,  IMO.  
Bullboard Posts