NST 1.04% $16.51 northern star resources ltd

Ah yes, sorry Kgtom, I copied down the wrong scribbled number....

  1. 2,122 Posts.
    lightbulb Created with Sketch. 7
    Ah yes, sorry Kgtom, I copied down the wrong scribbled number. The numbers were $1552 average price in the June 13 year and $1370 now, so a difference of $182.

    Can you explain the high valuation for a business that generates no net cash flow at today's gold prices? Or what they mean by surplus cash of $50m or whatever it was when the quarterlys show cash going down by the amount of the dividend?
 
watchlist Created with Sketch. Add NST (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.