NST 3.94% $14.51 northern star resources ltd

can you value nst?, page-11

  1. 1,059 Posts.
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    Well I welcome the enthusiasm, but I wouldn't pull a number out of the air.

    I can see it getting there if everything went right, however a CEO stating a desire to achieve a certain value is not a guarantee that it has substance.

    I would not be certain that they will not raise capital again either. There was no cogent reason for it, or warning last time other than a vague reference to the value of having UK institutions on the register. One can only hope that the hiding that they took for it would make them think twice about a repeat performance.

    I am overweight the stock and I like it on value and potential, I think that BB is a cracking engineer, but I have said it before and expect to be proven correct, he is an average CEO.

    More big hits in the offsets is what I am hanging on for.



 
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