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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 sclardaon Feb 04, 2021 12:46pm
66 Views
Post# 32471293

RE:RE:RE:RE:So where does the dust settle?

RE:RE:RE:RE:So where does the dust settle?mini wrote

  My  kick  at the can???   Certainly  $6.60  US   before the  reserve  restatement  and then  sub $6    for  a while.   The  strength  of  POG  has  weakened  the liklihood of  $5 but it is  by  no means  impossible.    I dont think  the market  yet recognises   the severity of  the likely  write downs  and what   the increased  depreciation  will do  to  the financials.

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  The sky is still falling.

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