Just as a point of interest, for NST's SP to get to $10, you will need:
Prove up reserves so PE could get rated at 9. Production 700k ozs p/a. (Very doable).
And a AISC cost of $1000 under POG. In other words, gold at A$2000p/oz and AISC at $1000p/oz.
If that was to happen the momentum would drive SP above $10.
Having said that if POG was to rise to $2000p/oz, you would probably find that AISC will rise to say, $1300p oz. In reality for $1000 net p/oz you will probably have to have POG at $2500 and AISC at $1500.
Just fantasizing, but pointing out remote possibilities at this stage
Don't forget we also have large potentially lucrative exploration sites (Fortescue JV) and with a lot of luck some coal to boot, and if POG rises sufficiently another mine around the corner (Ashburton).
1m ozs at $700 profit would do the same.
If these figures above were to eventuate, however, some of the 'golden dogs' like FML etc would see a higher % gain in SP than NST.
- Forums
- ASX - By Stock
- NST
- Strong buy
Strong buy, page-7
-
- There are more pages in this discussion • 61 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
|
|||||
Last
$13.96 |
Change
0.080(0.58%) |
Mkt cap ! $16.04B |
Open | High | Low | Value | Volume |
$14.01 | $14.11 | $13.90 | $45.25M | 3.236M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8578 | $13.95 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.97 | 5507 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6917 | 13.950 |
1 | 6235 | 13.940 |
1 | 2023 | 13.930 |
2 | 1006 | 13.920 |
1 | 10000 | 13.900 |
Price($) | Vol. | No. |
---|---|---|
13.990 | 16088 | 1 |
14.000 | 4102 | 1 |
14.020 | 3000 | 1 |
14.040 | 4102 | 1 |
14.050 | 5510 | 2 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
NST (ASX) Chart |