Reiner, some good points on ABU. That said, you speak about NST like its a low cost project. Its deep and its tough going. NST should be using their market cap smartly here and raising money and/or doing scrip deals. No man on this earth would pay $500m for Paulson if you stripped it out, but they sure would come close for OP/Hind, Buccaneer and the largest gold exploration holding in Australia.
NST is high cost and margins will start to squeeze the deeper it gets. The deeper it gets, the more risk to lower gold prices etc..
Whilst a 40cps share price seems a little fanciful for ABU at this point, it wouldnt take much to move it to a $500m mkt cap given the low cost nature of these projects.
Ever heard the saying "printing money" - Thats ABU in production.
Reiner, some good points on ABU. That said, you speak about NST...
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