Agree Worzel1.
I have a call in with the Company and if I get a call back and can share then I will. Primarily asking what the story is with the IO option and why the Company is accepting of such a steep SP discount to NTA.
Taking NST's announcement at face value that their share of 2015 production is 125k oz from the EKJV then across both RND and TBR this means 120k oz attributable to them.
120k oz with POG at AUD $1,400 (currently $1,404) and AISC at AUD $750 (March Q $706) then = $78m NPBT per annum (for both RND and TBR) !!!!
To me the SP reflects that something doesn't smell right in the background. On face value the market wouldn't ignore this value proposition otherwise.
Cheers
John
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Last
$15.85 |
Change
0.150(0.96%) |
Mkt cap ! $18.16B | |||
| Open | High | Low | Value | Volume |
| $16.00 | $16.05 | $15.81 | $86.08M | 5.402M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 23117 | $15.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $15.86 | 1500 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| NST (ASX) Chart |
