It's going to cost big dollars to increase reserve life, now there producing at 900k. They need to find / convert 900k a year just to keep reserves the same.
Market was willing to pay a premium for NST because they where constantly increasing production and had good cashflow.
If it's goes ex growth and costs stay high this will re rate.
Ann: December 2018 Quarterly Activities Report, page-46
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Last
$17.90 |
Change
0.340(1.94%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $17.74 | $17.93 | $17.64 | $80.48M | 4.706M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 160 | $17.84 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.90 | 44796 | 3 |
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| NST (ASX) Chart |
