I was thinking perhaps some of our new NST holders via DEG may...

I was thinking perhaps some of our new NST holders via DEG may not be aware of the details re this expansion, so I post the link here:

https://www.nsrltd.com/media/j5bljo10/kcgm-mill-expansion-financial-investment-decision.pdf

Key takeaways:
900,000 oz per year
Target AISC $1425
Mine life 20+ years

@Ladytradr might concede that apart from the 'ignorance of index investors' ... this combination of asset and mill might just qualify as one other tiny thing in NST's favour ...

The release describes KCGM as ... "one of the world’s largest and most significant gold mines with a Mineral Resource of 28.3Moz and an Ore Reserve of 12.2Moz. The growth optionality that comes with owning an asset as large as KCGM is significant and arguably unmatched across Australia."

And, while I'm 'pumping' ... I'll link the Resources and Reserves statement from May 2024 ...

https://www.nsrltd.com/media/zz5icrau/resources-reserves-and-exploration-update.pdf

Key takeaways:
Since the last year's update NST added 3.9 million ounces of Resources after depletion.
These 3.9 million ounces were added at a cost of A$31/oz!

I quote:
"The 3.9Moz increase in Group Mineral Resources is even more impressive when considering the significant mining depletion that has occurred over the past year as we ramp up production in line with our profitable organic growth strategy. “KCGM continues to impress, with an outstanding 3.3Moz added to the Mineral Resources and 1.0Moz to Ore Reserves. These additional high-margin ounces are close to existing mine infrastructure and further strengthen the economics of our strategy to boost production to a sustainable 900kozpa from FY29. “Our exploration program remains a highly attractive approach to value creation, adding extra ounces at a cost of just A$31/oz, to support our purpose to deliver superior shareholder returns.”


If she is feeling generous @Ladytradr might also consider conceding that this little bit of information almost qualifies as one other tiny thing in NST's favour ... apart (of course) from her sole suggestion of ... the 'ignorance of index investors.'

I ask her again if she has a rock nearby? Or if she would like to edit her post a bit ... ?