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.
It's going to cost big dollars to increase reserve life, now...
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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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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
