Announcement. Strong cashflow allows debt reduction and debt renegotiated on better terms. Also done a bit more hedging at 1770.
Gold price is nice I reckon. NCM would have been through the roof today if the rest of the market wasn't weighing it down. Just wait until we have another +1-2% day on the ASX and we'll see a nice new high set for NCM.
You can all thank me for this. I thinking about buying put options ( you know, the ones which profit from a fall in the share price). Well, as usual, if I had of bought those options I would be deep in the red because as usual I was completely wrong. I will let you all know when I am ready to buy so you can get out early before the stock collapses.
profits off 12% but in line with expectations. US7.5 dividend. sold off a little more than my other goldies. http://www.smh.com.au/business/mini...rofit-pays-us75-dividend-20160814-gqsfcm.html
SMH mentions a Fin Review story today at 10:20. mentions Newcrest http://www.smh.com.au/business/markets-live/markets-live-still-in-the-saddle-20170104-gtm5a3.html
paying an interim dividend. http://www.smh.com.au/business/mini...vidend-as-earnings-surge-20170209-gu9v8n.html