Today NST delivered its results...
NST reported a profit of $1B. NST is 30x's the MC of CAI
CAI is projecting a profit of ~$90M (current mine)... on a like for like basis that equates to a notional $2.7B profit for CAI.
I can only conclude that NST is trading 3x's above its correct share price and should be trading for around $2.50.
All I can say is "buyer beware".
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