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

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Comment by marnesueon Aug 06, 2019 4:17pm

147 Views

Post# 29999032

RE:RE:This Could Get Really Interesting

Actually I was off a 'wee' bit on the number of shares. It's actually only 230,000 share.
However, thought I'd take this opportunity to bring everyone up to date on the cashflow situation. With a head gade of 8.5g/ton and a production rate of 3800tons/day I figure they will be producing about 950 oz/day. Using today's price of $1470/oz and a 360day year gives us an incredible cash flow of just over half a BILLION per year. Please check my numbers. I have been known to make mistakes.

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