"However I worry that I will be caught with a huge NST holding following an unfavourable ASIC figure being released for POGO and a sharp decrease in SP."
Presumably you are worrying about the AISC figure that will emerge for the December quarter just past.
I don't know what that will be, but given the increased production, I would expect it to be an improvement on the previous.
However, it seems to me that the folk at NST have well and truly laid their appendages on the block with their FY 2020 forecast AISC for Pogo of A$1210 - 1320, which appears on page 28 of the Superpit announcement.
They don't strike me as the sort of people who take unnecessary risks with their appendages.
https://hotcopper.com.au/threads/ann-investor-presentation-acquisition-of-50-kcgm-super-pit.5138842/?post_id=42002959
Given that the Sep19 quarter AISC for POGO was an eye watering A$2798, I expect that there will have to be considerable improvement in the Dec quarter for them to be predicting A$1210-1320 as the average for the whole year.
But in the end you pays your money and takes your chances - or not.
Cheers
Ann: Share Purchase Plan Offer Open and Offer Booklet, page-107
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