Quick question if I may?
Paulsens is going to run out of ore within the next 18 months, but NST states they aim to produce 600k p.a in 2018.... Even if they get Tanami into production before the end of next year, that is only 80-90k p.a net to them... so... yes, they will hit close to 600k at a run rate just before the end of 2018, but then... lose 70k of production, and be almost back at where they started.
I readily acknowledge that NST management are a cut above, but are they perhaps being a little generous in regards to their forward projections when they simply don't have the gold going forward for Paulsens, and Tanami is still yet to actually see anything done to get the plant operational?
In fact, I just realized, they did not actually mention the 600k p.a rate from organic growth in this presentation, but in the past they have...
Anyway, just trying to offer a slightly different view point as I am not a holder.
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Quick question if I may? Paulsens is going to run out of ore...
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