NST 0.31% $12.82 northern star resources ltd

Having owned NST for a considerable time now, I like that EAR is...

  1. 6,141 Posts.
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    Having owned NST for a considerable time now, I like that EAR is being devoured by NST. I like it even better than the last (better value deal) in POGO.

    - NST + POGO: $86/oz at 4.1Moz
    - NST + EAR : $140/oz at 1.8Moz

    Definitely on the expensive side compared to the more recent ones below (except the SBM of course, what were they thinking)....
    - PNR + CNG: $39/oz at 2.2Moz
    - AMI + PEAK: $116/oz at 1.2Moz
    - SAR + BGH : $57.88/oz at 0.660Moz
    - SBM + Atlantic: $455/oz at 4.3oz

    The real value here is the location location location! among other things I've mentioned previously. Stuff the Superpit NST will make this area into a superpit.
    https://hotcopper.com.au/data/attachments/1717/1717420-9c3c3a8687fde085922173872402e9b5.jpg

    Disclaimer: M&A decisions and an ill-disciplined allocation of shareholder capital is the fastest way to impairments.

    Last edited by Exised: 06/09/19
 
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