Simple Insights Into Essential Issues For Guidance For Interview

guidance for interview

guidance for interview

It is too early to be definitive about the impact on the Groups production guidance for the 2017 financial year. Once plans for recommencement of mining operations are finalised an updated guidance range for the 2017 financial year will be provided. The preliminary assessment is that the seismic event is not anticipated to significantly impact Cadias production beyond the 2017 financial year. Goldman Sachs had recently talked up Newcrests appeal among the big four gold mining stocks, highlighting its long life assets like Cadia and Lihir, which is in Papua New Guinea. Please read Gold: Why Goldman Sachs Says This Stock Is a Conviction Buy . Heres RBC Capital Markets Paul Hissey on the situation at Cadia, a mine that accounts for a large chunk of the companys net asset value (NAV) and production: Whilst assessments remain ongoing, this announcement sets out a material delay to operations at Cadia, NCMs largest asset. While fortunately there were no injuries and operationally the event seems to have been contained as best as possible, we highlight the fact that these types of events tend to come with the territory of underground block cave mining although media reports suggest this incident may have been unrelated. We highlight that Cadia accounts for 65% of NAV, 30% of group prod. We expect the market may be concerned around risks to what is clearly a marque asset in NCMs portfolio.

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