Ann: December 2018 Quarterly Activities Report, page-44

One thing is that we should cut BB and the management team a bit of slack.  One of the key aspects in investing in a gold mining company especially is the quality of management.  Businesses rise and fall on the back of the leadership in any organisation.  NST have the runs on the board and remember they are a business first and a gold mining company second.

Rob Tucker in this article in livewire gives the NST management an "8"  Their overall score is higher than any other goldie.  I don't think that we can judge NST like other gold mining companies.  They are an exception to the rule and they must see something in Pogo.  At least we need to give them time to see if AISC can be brought down and their thesis to be confirmed.

https://www.livewiremarkets.com/wires/it-s-a-very-good-time-to-be-an-australian-gold-producer