It's impressive how they have managed to focus exploration in such a way as the EKJV ore will gradually be replaced by 100% NST ore, thus achieving production growth without spending any capital. Then in time presumably they will be able to buy out the minority stake holders who will recognise they have to sell because their asset isn't going to be pushed hard. Buying out those minority holders will be a good use of cash at that point.
Cheers,
Tim.
Ann: Reserve & Resource Update and Corporate Outlook, page-10
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Last
$14.93 |
Change
-0.180(1.19%) |
Mkt cap ! $17.16B | |||
| Open | High | Low | Value | Volume |
| $15.05 | $15.15 | $14.83 | $41.21M | 2.760M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 3016 | $14.92 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.93 | 17948 | 3 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
$14.91 |
Change
-0.180 ( 1.50 %) |
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| Open | High | Low | Volume | ||
| $15.05 | $15.14 | $14.83 | 397042 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| NST (ASX) Chart |