1Yr·

Hello everyone.

I can't decide whether to buy 30 $NEM (-6.42%) shares or not. That's why I'm asking you what you think.

Many thanks in advance

9 Comments

1Yr

No one will tell you what to do here, except perhaps that you should decide for yourself.

Why don't you tell us what your thoughts are behind the possible purchase? We might be able to contribute something useful to that.

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John@gduring

1Yr

@Epi I am an engineer specializing in mining. I worked in BHP for 10 years and know a lot about metal deposits. The new projects from $NEM seemed pretty good to me. Hence the considerations.

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Deleted User

1Yr

Comment was deleted

Epi@Epi

1Yr

@gduring Well, now you've said something more specific about yourself, but not yet about your thoughts on NEM. I am somewhat skeptical about gold mines because of the high dependence on energy prices and environmental regulations. In addition, the industry is now suffering from a blatant shortage of skilled workers. How is NEM tackling these problems?

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John@gduring

1Yr

@EpiI wanted to tell you that most large mines have their own power plants and are therefore more dependent on commodity prices.

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Epi@Epi

1Yr

@gduring What kind of power plants are these? Coal, oil and gas are also raw materials that can quickly become more expensive. In any case, high energy prices squeeze the margins of mining companies.

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Epi@Epi

1Yr

@PowerWordChill What is wrong? That no one will tell John what to do? You told him what to do. So you proved me wrong. Chapeau!

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Epi@Epi

1Yr

@gduring Well, how does NEM tackle the other problems? AISC, scarcity of resources, skilled workers?

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John@gduring

1Yr

Normal coal

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