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

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Post by Value2020on Nov 25, 2022 6:32am

236 Views

Post# 35127528

MJS.V Detailed Fact Sheet for Review

Mine In Productin Since 2011
Mine License exptened for 10 years Till 2031.
First Licensed for 5 year till 2016, Second extension 5 year till 2021, Latest extension 10 year till 2031. No Regional or Regularity Risk.
Mine life till 2043 (21 More Years) so 1 more extension will be needed. History shows this will be routine.
Governmental Safety Inspections completed in August 12, 2021. No remaining risk.
Total cash costs are $654/ounce. Gold trading at $1755/ounce

Market Cap: 88.63 Million
Cash Position: 43.30 Million
Total Debt: 0

2022 Net Income 6 months: 11.30 Million

The financial summary for 2 most recent quarters:

June 30, 2022
Revenue: $16,438,676
Net income (loss): $5,844,799
Income per share: 0.01

March 31, 2022
Revenue: $16,966,985
Net income (loss): $5,417,860
Income per share: 0.01

Shandong Mining trading at 25 times Net Income. Majestic Market Cap Calculation as per Peers