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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 pathson Feb 20, 2020 1:58pm
187 Views
Post# 30713858

RE:RE:RE:Another dose of reality..

RE:RE:RE:Another dose of reality..I don't know who the cheer leading in chief is, but why is it that nobody here has done a discounted cash flow caculation. The company guidance was based on a 1250 us gold price. Make that more realistic, and extend the business as usual scenario. I think one can roughly assume there will be or may be enough isolated high grade pockets between now and 2029 to cover the debt, so extending 8 grams to 2029, and assuming debt repayment does not need to be included, results in a share price that should currently be $10 usd. No reason to be nervous about owning the shares now.
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