Agree re:
The extra dilution from acquiring DEG makes the front end numbers look a bit ordinary, but with the additional growth look attractive on a forward basis.
No wind on NST's sails today, even though there is plenty of tailwind on other goldminers today. The reason being your line above. It has given NST a ton of delivery risk short term. In a period which would have otherwise have been smooth sailing for NST with the gold price where it is.
As an NST shareholder I would like to propose a resolution to rename Hemi -
Stuart's Folly. Has a nice ring to it. Would be a nice resolution in the next GM I think. Last DVP GM I tried to get Pioneer Dome called
Billy's Folly but never got to resolution phase. Funny how he bought that after his LTR project bid got rejected. There is always ego on the top brass
I leave you with an excerpt from "Poor Charlies Almanack" even the Great Charlie Munger is not exempt from ego. We as shareholders just need to be aware of it every now and then.
Anyway happy Friday folks... I'm leaving early. I'm going fishing, on my humble tinnie.
(20min delay)