Newcrest Mining Ltd NCMGF

Primary Symbol: A.NCM

Metals & Mining Gold

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

Newcrest Mining Ltd > Debt is almost GONE !!

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Comment by Paray99on May 05, 2021 3:07pm

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Post# 33133757

RE:RE:RE:RE:Debt is almost GONE !!

miningman wrote: I guess you didnt listen to today's conference call where Mr Quinlan clearly stated that he intended to refinance the debt at the end of 2022.??? Plus managements desire to keep at least 100 million cash on hand at all times to deal with Covid like situations ??

That is why I told this stock is not any good other than for day traders with good spread. If we don't have trust in the management, there is no other go....

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