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Norseman Gold (LSE:NGL) Research & Development : £0.00 Mil (TTM As of Jun. 2014)


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What is Norseman Gold Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Norseman Gold's Research & Development for the six months ended in Jun. 2014 was £0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was £0.00 Mil.


Norseman Gold Research & Development Historical Data

The historical data trend for Norseman Gold's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Norseman Gold Research & Development Chart

Norseman Gold Annual Data
Trend Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Research & Development
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Norseman Gold Semi-Annual Data
Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
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Norseman Gold Research & Development Calculation

This is the expense the company spent on research and development.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Research & Development for the trailing twelve months (TTM) ended in Jun. 2014 was £0.00 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Norseman Gold  (LSE:NGL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Norseman Gold Research & Development Related Terms

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Norseman Gold (LSE:NGL) Business Description

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Norseman Gold PLC is engaged in the production, exploration, evaluation and development of mineral resources. It is involved in the operation of Central Norseman Gold Corporation Ltd (the Norseman Project). The Norseman Project is located adjacent to the Norseman township, approximately 725 kilometres east of Perth, Western Australia. Current operations source ore from the Bullen underground mine and the Harlequin underground mine using underground mining methods of airleg up dip room and pillar stoping and long-hole stoping.