I think another very important question is this: For how long can NST add 1m+ ozs to resources/annum at a cost of less than $50/oz (after accounting for production)? I believe the past few years has been worth north of $1/share/year in the added value to the underlying assets (based on current gold prices)? If sustainable into the medium term, that is very considerable asset growth, which the market has only partially embraced, at this juncture. Exciting times ahead, but will require patience. I have a $12 target, but am not putting a timeframe on it. Too many variables.
NST Price at posting:
$4.73 Sentiment: Buy Disclosure: Held