NST 1.60% $15.97 northern star resources ltd

GDXJ continues to accumulate, page-20

  1. JID
    3,679 Posts.
    lightbulb Created with Sketch. 838
    NST has already reported that in Q4 the average sale price for their gold was AUD $1,417.

    As of this morning AUD gold is at $1,621 ... an increase of $204

    Based on 610k oz p.a. (my est.) that's an additional AUD $125m !!

    Overly simplistic I know, but it shows you just how overly pessimistic investors were and how undervalued NST had become (and others). On the spreadsheet I keep on various miners the EV / AIC Free Cashflow ratio for NST is now MORE undervalued than it was a month ago due to the surging AUD POG, this despite the rise in the SP.

    Cheers
    John
 
watchlist Created with Sketch. Add NST (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.