I think they might even be making a small, probably friendly swipe at EVN for their recent purchase which most seem to view as an expensive acquisition.
It will be interesting to see how the market views NST saying they are going to stop buying more projects.
Whilst I get that they are going to be able to extend the lives of their current projects, that also means their production profile is going to stop increasing...
Whilst I don't hold NST (obviously wish I did considering its performance) I love to hear others thoughts on why NST has not attempted to build a new plant anywhere yet?
IMHO there are viable projects held by some small caps, in W.A for example, that are starving for capital, yet sit on good projects. Will NST have a change of heart now that projects already in operation are now overvalued in regards to corporate action?
NST Price at posting:
$2.13 Sentiment: Hold Disclosure: Not Held
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