$1.30 might happen, but maybe not from a re-rate, it will come in the form of a share consolidation.
9bn-10bn SOI is high
Further to that, I’ve seen in other posts about NMG paying out a divvy in the future when CP cashflow rolls in. The likelihood of the company distributing funds is low IMO.
I think they will look to use any free cash flow generated (and a possible re-rate) to bolster their portfolio and buy something else…assuming Westgold doesn’t make a play first.
Don't get me wrong, I’m very positive on the next 18 months for this Company.
All IMO
Wolf
Ann: High-Grade Gold Intercepts within Caprock Drilling, page-94
Add to My Watchlist
What is My Watchlist?