Newcrest: A Solid Year Despite Slight Miss On Guidance At Midpoint - Seeking Alpha

[CanisLycaon]

"....So, while it's easy to be negative about the margin compression, this looks temporary, especially with the potential for several cost improvements (Brucejack - higher throughput and synergies, Lihir - higher grades, Havieron - lower cost asset)...."

"...However, FY2023 was not representative of the true potential of the Newcrest portfolio, with a declining cost profile as the decade progresses from key projects. These include:

- further synergies & potential throughput expansion at Brucejack.

- first production from Havieron, a low-cost operation with sub $800/oz AISC.

- higher output at Red Chris and the potential for negative AISC.

- higher grades from Phase 14A at Lihir.

- potential pour post-2030 from Wafi-Golpu, another negative AISC asset..."

https://seekingalpha.com/article/462020 ... n-guidance