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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 Whynottoday2on Dec 15, 2020 11:45am
150 Views
Post# 32109040

RE:What does Management Know????

RE:What does Management Know????

Tapping into the 30 years of a overall experience..... agree with your better management going forward comment..... I still question the outstanding debt concerns for this particular mining company, curious what you think? As (thank gawd) Au consolidates here/around $1850US, Cu climbs to new highs (all commodities for that matter) and Central Banks keep interest rates Lower For Even Longer.....why are more companies are not interested in restating their Techinal Report(s) with "new" the numbers; ie realize  New NAVs??

As for the frozen gravel pit, out of ingnorance and all the neighbouring hype I WAGed the play was worth more than ZERO but last than a couple $Bs, $500M would have been a nice number.  

With no idea on exploration other than good things usually come in groups of two or three....this does seem like a good tract of land to find other Brucejack(s)??? 

Please your bets/trade well, fun!



 

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