Newcrest CEO facing tough questions in his first big outing

By Peter Ker
Sydney Morning Herald

Sandeep Biswas
Sandeep Biswas

Sandeep Biswas will front the investment community for the first time as CEO of Newcrest Mining on Thursday, and faces a number of burning questions about his plans for Australia’s biggest gold miner.

With barely $100 million of free cash flow expected from the 2014 financial year, and a desire to significantly reduce the company’s debt ratio, the most obvious issue for Mr Biswas relates to funding.

The spectre of a capital raising has hung over the stock all year, but outgoing chief executive Greg Robinson never pushed the button.

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