Newmont Corporation NEM

Question?

[seveneleven711]

What does NEM do with ~$4B it receives from selling it's non-tier one assets because NEM only wants tier-one asstes in it's portfolio?

[willyk3]

Lets see... close to twenty billion to buy Newcrest....hmmm pay down as much of that debt and  then hope that the earnings potential of your newfound assets starts to prove itself Of  course we could go the Bell Canada route ...confound the shareholders ..promise to  pay down debt and then in just days do another mammoth acquisition at an extremely high price. The problem of

[seveneleven711]

Good points on debt. An increase in after tax free cash flow would be one way to address the debt.