This still looks like a drive-by shooting to me!
NST has a good plan for increasing gold production over the next couple of years.
The US is facing the debt abyss now with increasing interest rates on the debt, with a deficit now at 1 trillion per year, and expected to be 3 trillion in three years, 'as nearly 75% of the current debt base is set to mature, be refunded, and rolled over in the next three years'.
This is unsustainable, and the gold prices must increase.
Put those two trend lines together, and today's NST share price will be chump change. Those looking for divvies will miss the profits from holding for the 'long game'.
Ann: June 2023 Quarterly Activities Report, page-70
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Last
$12.79 |
Change
-0.175(1.35%) |
Mkt cap ! $14.71B | |||
| Open | High | Low | Value | Volume |
| $12.94 | $12.94 | $12.77 | $9.654M | 744.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 26 | 5915 | $12.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.79 | 6589 | 19 |
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| Last trade - 11.24am 27/06/2024 (20 minute delay) ? |
| NST (ASX) Chart |