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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 sailor8on Feb 25, 2020 11:47am
128 Views
Post# 30731062

RE:RE:RE:Cash King...

RE:RE:RE:Cash King...Yes, like one responded wrote, Joe himself said it in the Webcast:

"At present goldprice the Free Cash Flow may be 170 - 250 mill USD. This would mean about 12 - 17 % yield per PVG share for Free Cash Flow" - something like that he said.

You can check it out yourself if you repeat the BMO Webcast available at

 https://www.pretivm.com/investors/events-and-webcasts/default.aspx.

You may fast forward to about 10:15 in the video and there you can hear it from Joe himself.

An unbelievable free cash "iinterest" rate per share. I would not wonder if this holds in 2020, we can think about a dividend. Or a share buy back would really make sense under such view of under valuation. 

A dividend: shorters must pay out of their own pockets the dividend for their borrowed and artificially created 11 million PVG shares they shorted.

A buy back: the emergency exit door in the shorters trap would get even more smaller than it is already now... and the Free Cash Flow & gold resources per existing share would get even further higher.
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