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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 Dec 18, 2020 12:15pm
143 Views
Post# 32140412

RE:RE:Neighbors View

RE:RE:Neighbors View  Highper ,  Many of your previuos posts were ,  IMO ,  less than  truthfull and  grossly overoptimistic.  However you seem  to have turned a corner and  can  now recognise reality.  There has indeed been a failure to keep up  with required diamond drilling which will very shortly ( weeks
  not months,)  lead to production   difficulties.

Additional Capex  requirements  may  start to  explain  selling Snowfield  for what  many believe to be pennies on  thedollar.  The  debts to be repaid  over the next  24 months  may  appear crippling  if  future cash  flows are less than  presently expected.  Q4  results will give  early warning here. 

Covisd is a potential issue which noone here is willing to discuss and POG  is  not helping right now. 
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