Certainly seems that way. The company spends $125M on exploration per annum. You could buy 1M+ ounces for that, but given the scale of NST, that would relatively pointless as they’d have to truck the ounces and it adds little resource/reserve.
Keep drilling and progressing to 2M oz/pa! Higher franked dividends please. The governmental financial chaos is coming, and cannot reverse. The US government owes $32,227,000,000,000 and it increases about $2M per minute. Imagine paying 5% interest pa! A quarter of the budget would go to interest out of $6T overall budget. Lunacy!
I’m sitting tight!!!
GLTAH
Ann: Exploration Update, page-6
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Last
$14.67 |
Change
0.170(1.17%) |
Mkt cap ! $16.86B | |||
| Open | High | Low | Value | Volume |
| $14.70 | $14.73 | $14.53 | $41.86M | 2.857M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 85345 | $14.66 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.68 | 489 | 1 |
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| Last trade - 16.10pm 10/05/2024 (20 minute delay) ? |
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Last
$14.62 |
Change
0.170 ( 1.19 %) |
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| Open | High | Low | Volume | ||
| $14.72 | $14.73 | $14.54 | 376403 | ||
| Last updated 15.59pm 10/05/2024 ? | |||||
| NST (ASX) Chart |