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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

Comment by miningmanon Feb 15, 2020 11:41am
216 Views
Post# 30695308

RE:RE:The net present value of 2.59B/185 million shares=$ US 14

RE:RE:The net present value of 2.59B/185 million shares=$ US 14
dove19 wrote: And dont forget Flow Dome area is not even accounted for; this area could double the reserves  or at least increase them by 50%.



Dove  this post of  yours didnt exactly pan  out  did  it ???  Dont get too excited  about  reserves below 1200L  .   The   mere fact that  probable  reserves were being carried at  higher grades  than  proven  was one  of the major  red flags to me that   published  numbers could  not be trusted.

If  they  find another Cleo, grades will improve for  one  quarter to  10  grams,  not  much  more.
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