NST is roughly 2 billion dollar company RMS is 118.4 round it down to 100 million for calculation sake
then its 5% if NST market cap.
NST mined 145251 Oz RMS mined 27793 Oz and that is about 20%
NST asic 1040 $/oz and RMS asic 1046$/oz
NST has 226 million in hands and debt free.
RMS has 40 million in hands and debt free. thats about 17% of cash.
So all things considered NST is great market leader and very powerful mining company but give RMS some credit and its worth at least 10 % of NST. thats target share price of 50c.
I got these numbers from RMS and NST quarterly. Hartley's 46c are really really fair value
December quarterly, page-69
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Last
$1.87 |
Change
-0.040(2.10%) |
Mkt cap ! $2.128B | |||
| Open | High | Low | Value | Volume |
| $1.89 | $1.90 | $1.85 | $4.531M | 2.425M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 42702 | $1.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.87 | 12914 | 3 |
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| Last trade - 16.10pm 30/07/2024 (20 minute delay) ? |
| RMS (ASX) Chart |