I wasn't so much giving advice as seeking it. Like many who have invested in NST long term, I maintain an emotional attachment to it that may not be conducive to wise investment strategy. For a long time management generated a low ASIC through introducing economies to the mining process and spending on exploration projects that significantly increased the gold resource. Now that alluvial gold is disappearing and deeper and deeper mining is required to recover deposits, perhaps NST's growth has plateaued. Even the best management team cannot economically mine gold if its not sufficiently abundant and easy to remove.
Ann: December 2018 Quarterly Activities Report, page-40
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Last
$17.61 |
Change
-0.290(1.62%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $18.00 | $18.14 | $17.40 | $158.2M | 8.956M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6356 | $17.58 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $17.62 | 55910 | 4 |
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| Last trade - 16.10pm 25/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
