NCM +0.42%: Some good and some bad news out of their quarterly up-date today. Their Cadia mine showed what it can achieve, hitting record production with negative costs thanks to copper credits. Gold production at the group level was in line with guidance with a softer result at Lihir taking some of the shine off.
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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MM remains neutral / bullish NCM
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Performance update for March, stocks that drove returns & our current positioning
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Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
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Market Matters Research Lead Shawn Hickman with David Koch
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