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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

Post by abcdefghijklmn1on Jan 14, 2022 8:08pm
384 Views
Post# 34319456

One of my favorites in the scam

One of my favorites in the scam"No fractional Newcrest shares will be issued, nor will any cash consideration that includes a fraction of $0.01 be paid, to any Pretivm shareholder in connection with the Arrangement. The number of Newcrest shares to be issued to any Pretivm shareholder will be rounded down to the nearest whole Newcrest share and no cash consideration shall be paid in lieu of the issuance of a fractional Newcrest share."

using .8084 as multiplier, who won't end up with a partial share? Times $18.50 will end up in a rather large skim to Newcrest's benefit 
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