how fortunes are made ..., page-33

How fortunes are made:

1. The odds are extremely high imo that NST has loaded up on quality gold producing assets near the bottom of the paper gold initiated correction.

2. With gold now above A$1460, at all in sustaining costs around A$1050 on NST's projected 350,000 ounces of annual gold production, NST has clear cash flow in excess of $140 million. (Maybe significantly higher as "all in sustaining costs" take account of some costs already expensed.)

3. Every A$100 increase in the price of gold adds $35 million cash to NST.

4. Find the time to have a good listen to this:
http://www.brrmedia.com/event/119949/bill-beament-managing-director

5. For the stock not held brigade, how about finding some flaws in the above instead of your incessant downramps like the post suggesting the nonsense that NST minus its recent acquisitions is worth $50 million. This puts NST on a PE of less than 2 based on its 2013 financial year results!