NEM Poised for Growth with Strong Balance Sheet, Cost Savings, Top Assets
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NEM has a very strong balance sheet and plans to further improve it by selling assets to pay down debt and boost liquidity.
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NEM expects to generate $1 billion in cost synergies from recent acquisitions and productivity improvements.
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NEM will have one of the world's best gold/copper mining portfolios concentrated in low-risk jurisdictions.
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NEM's production profile and costs are expected to improve meaningfully in coming years.
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NEM stock looks very undervalued trading at its net asset value despite historically trading at a 30% premium.