Well, NST is certainly near 60% the way there as they can...

Well, NST is certainly near 60% the way there as they can produce 600koz annualised (which I thought was highly achievable). A few more years, perhaps NST could mint us a couple of solid gold coins as dividends.

I cannot imagine the amount of $$ at bank by then. They already have $400M+ in the bank. If it continues and with proper investments (in other areas) and interests earned, it could easily hit $1B cash by then, while processing 1M oz a year.

Of course - this is way way in the future. Let's just sit and see how things turn out given we know the mineral inventory has expanded significantly without even counting the new Zodiac discovery.

After reading its 231page report, it does really look like another significant inventory that can be added in the future. Perhaps we will know more about it when the Strategy slides comes out.

And let's see whether revised brokers reports will put a valuation at $7 (as per Seth's post) or higher.