Excellent results. NST do not engage in hyperbole and if anything have a strategy of being over conservative. Hence why the quarterly is still talking about a 550k-600k oz production forecast when the numbers show production is achieving a 750k-800k oz glide path during last quarter (once Jundee is factored into the count).
Huge upgrade in resource at Kundana with the Pegasus deposit and now NST is achieving an upgrade at Jundee. Big pat on the back to the management team and BB deserves all the accolades being given to him in the industry at the moment. Plutonic still looks a bit challenging and it will be interesting to see if BB can pull a rabbit out of the hat with that mine as well.
Long term NST is a winner at todays POG. It will be exciting if/when the POG has a run up one of these days. I've heard the odd comment that NST is over priced and due for a pull back. I laughed so much that I needed an ambulance to take me to hospital so my sides could be stitched back up.
Investment grade attracting all the right insto's to the train station. Boarding now if not already seated.
Cheers
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- Ann: Quarterly Activities Report - June 2014
Excellent results. NST do not engage in hyperbole and if...
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$15.85 |
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1 | 9408 | 15.830 |
4 | 26108 | 15.820 |
1 | 9237 | 15.810 |
Price($) | Vol. | No. |
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15.860 | 1500 | 1 |
15.900 | 466 | 1 |
15.910 | 4160 | 1 |
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15.940 | 2427 | 1 |
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