Newcrest: A Solid Year Despite Slight Miss On Guidance At Midpoint - Seeking Alpha
Posted: Thu Jul 27, 2023 6:56 am
"....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
"...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