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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 ggnineon Jan 22, 2019 7:57pm
86 Views
Post# 29267782

RE:RE:RE:RE:Let's Play....

RE:RE:RE:RE:Let's Play....
Lets see  PVG makes a profit of over 1/2 million dollars  a day   Interest.   500 million loan @ 6%  is 30 million dollars interest  for 1st year  and declining after that as capital is paid of.
     Only reason they picked 4 years to pay of loan is they could do so easily
     They paid of over 200 million in there very 1st year of operation to buy back gold stream.
     I cannot imagine any scenario where there would be a problem.
     Oh  I didn't mention they will be producing a lot more gold next year.  probably ay least 15 -25% more.
    No doubt about it you shorties have run one hell of a campaign against PVG  and to your credit that is why we are presently undervalued.
     As a personal guess I would bet that if  - when gold passed $1350 ounce you shorties will finally lose control and we may see fur fly.
  .
Bullboard Posts