I thought I would calculate some P/E's based on a number of different NST SP and Gold Price scenarios. This is based on Bill's guidance of 107,500ozpa (midpoint) and free cashflow of around 75mill (mid point). Also based this on his budgeted gold price of 1,550 which indicates average all up cost of production of around $850per ounce.
As you can see we are trading at around 7.5P/E at SP$1.53 and gold price of AUD$1658.
I think if Gabbro is proven up as a significant resource then the market could justify Pe's into double digits as mine life would be increased significantly.
If Gold price moves through $2,000, to maintain a PE of 7.5 SP should rise to around $2.15-$2.20.
If we get the best of both worlds ie GP at $2,000 and Gabbro proven up adding signifant mine life then a SP of $3.50 will still have a PE for NST around 12 times.
Food for thought. Please note PE's are only one of the valuation tools so DYOR etc.
- Forums
- ASX - By Stock
- NST
- potential in next 3-6 months ?
potential in next 3-6 months ?, page-32
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NST (ASX) to my watchlist
(20min delay)
|
|||||
Last
$15.79 |
Change
-0.040(0.25%) |
Mkt cap ! $18.14B |
Open | High | Low | Value | Volume |
$15.88 | $15.99 | $15.75 | $45.85M | 2.895M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10836 | $15.78 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$15.80 | 1226 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10836 | 15.780 |
1 | 300 | 15.750 |
1 | 14837 | 15.740 |
4 | 20737 | 15.730 |
1 | 14837 | 15.720 |
Price($) | Vol. | No. |
---|---|---|
15.830 | 1400 | 4 |
15.840 | 14871 | 3 |
15.850 | 14837 | 1 |
15.870 | 14837 | 1 |
15.880 | 14837 | 1 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
NST (ASX) Chart |