Nomi Prins predicted gold would hit $US2,500 in the middle of this year, so she was spot on.
She also predicts $US4,000 at the end of next year. This is hardly a Nostradamus prediction, in the current geo-political-economic climate.
So with NST, producing around 2 million ounces of gold, in 2025-2026, this would be about 12 billion Australian dollars in annual gold sales.
However, the market will still be waiting on the Fed for a direction, with interest rates, and the US jobs reports will still be rosy, though they will have to be reset down later, due to technical errors, such as in the recent 800,000 person downgrade, after the report was used to take the gold markets down.
So in 2025-26, we can expect a NST share price of $14.80, with a 27 cents, six monthly share dividend?
Who would have thought, four years ago, with a gold price now approaching $AUD4000, that the NST share price would be in the $14 range??
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Last
$14.61 |
Change
-0.040(0.27%) |
Mkt cap ! $16.91B |
Open | High | Low | Value | Volume |
$14.80 | $14.86 | $14.56 | $24.81M | 1.686M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 1165 | $15.63 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$13.59 | 2710 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
15 | 7423 | 14.610 |
16 | 9680 | 14.600 |
6 | 4268 | 14.590 |
11 | 28443 | 14.580 |
9 | 24069 | 14.570 |
Price($) | Vol. | No. |
---|---|---|
14.620 | 183 | 3 |
14.630 | 11866 | 12 |
14.640 | 4657 | 8 |
14.650 | 23917 | 10 |
14.660 | 27439 | 9 |
Last trade - 15.59pm 10/09/2024 (20 minute delay) ? |
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