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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 sailor8on May 06, 2021 11:57am
119 Views
Post# 33141065

RE:Stacking

RE:StackingThanks for this. Yes, I agree a nice idea. At present price of gold it means that roughly 0.04 USD per share was stacked within Q1 in real physical gold (and silver?).

One quarter only. Imagine, soon we are debt free. One additional option to create value for the shareholders would be to "stack" parts of the Free Flow into own produced physical bullion. Either to pay later from parts of that stack cash dividends or to create something like a unique combination of a gold miner plus a physical gold ETF. Each share would contain and own xyz gramm of the actual bullion stack.

Such a combination would be a something new and interesting for financial markets. And last but not least for us shareholders as well...
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