I wouldn't go so far as to say that NST is not going to consider further acquisitions. I very much doubt that the comment has a permanent full stop behind it. IMO it is just a affirmation of the strategic policy of NST that they will remain focussed on accretive value for shareholders. Therefore, it just confirms that NST fully understands value and will not pay overs for assets.
If bargains present then NST would be into them, I reckon. As BB has stated in his presentations............ he and his key management staff understand very well all the gold mines in Australia.
I also feel that many might under estimate the potential upside that could/should be coming from the reworked mining plan at Plutonic. Time will tell. In due course and the fullness of time etc etc blah blah.
Cheers
NST Price at posting:
$2.15 Sentiment: Buy Disclosure: Held
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