RED 1.65% 44.8¢ red 5 limited

I could not agree more. I have repeatedly written about the All...

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    I could not agree more. I have repeatedly written about the All in Costs , AIC, as opposed to the All in Sustaining Costs, AISC. In the case of NST the AIC were 23.8% higher than the AISC.

    I am eagerly awaiting their figures in the next quarterly and keen to see just how much free cash flow they are generating. Also, I am very keen to see if the positions advertised are diminishing over time. Key roles have been advertised over the last 6-9 months and it appears by the job vacancies that few positions have been filled.

    Buying in at 18 cents, being a great entry point??? Maybe, but then again someone recently said that there was a solid floor at 20 cents.

    I also agree with the comment made that management ALWAYS reports problems after the event. Plant shutdown nwas to be for 72 hours which turned out to be for a week is one example.

    Hope management can keep to their targets.
 
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