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.

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Newcrest Mining Ltd > Debt is almost GONE !!

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Comment by tschauseppon May 05, 2021 3:32pm

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Post# 33133951

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

In my previous post I just wanted to show when PVG would have enough cash to pay off the longterm debt and the convertible notes. I agree with you $100 cash on hand is a good idea. By January 2022 PVG should achieve a $100 cash balance plus enough cash to cover debt payments.
I was actually confused by Mr. Quinlan's comment about the intention to refinance (for what, there will be enough cash) the debt.
So what can be done with all the cash? Share buy backs, dividends, a second processing plant or a takeover of another mine to derisk the single mine operation.

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