24m FCF added would suggest this is overvalued on current multiples. I think short to medium term this could head back to the 3.50 range over the coming week.
not a great report by any means. still this is a longer term hold in order to get them back up to the 700k+ production target over the next 2-4 years.
a lot can happen in that time frame to fx and POG so still holds some risk. I wonder what the introduction of the AUS futures will do to the POG locally and NST's bottom line. any insight into this would be appreciated.
NST Price at posting:
$4.07 Sentiment: Hold Disclosure: Held