NST has more growth potential - it has no hedging on its gold so if gold goes up, NST gets full value. NST has the possibility of making an opportunistic acquisition with the cash warchest. NST has a relatively short mine life, so has the opportunity to add significantly to the share price by drilling success and has a demonstrated track record of out performance in this area.
EVN has less downside if the GP goes down because it has 30% or so of production hedged at good prices. The balance sheet is still reasonably stretched following the Cowal acquisition, so it's unlikely to go shopping in the near future. EVN has longer mine life with both Cowal and Mungari being Tier 1 assets. That reduces growth potential because more of the long term value of these first class assets is already baked into the SP, however it also reduces risk. All EVN needs to do to make good returns is continue to operate mines that have well known and understood ore bodies with proven plant and equipment.
Cheers,
Tim.
- Forums
- ASX - By Stock
- NST
- EVN vs NST
EVN vs NST, page-2
-
-
- There are more pages in this discussion • 33 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NST (ASX) to my watchlist
(20min delay)
|
|||||
Last
$14.23 |
Change
0.020(0.14%) |
Mkt cap ! $16.35B |
Open | High | Low | Value | Volume |
$14.02 | $14.30 | $13.93 | $64.67M | 4.552M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 673 | $14.23 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$14.25 | 9719 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 570 | 14.160 |
1 | 3000 | 14.020 |
1 | 500 | 14.010 |
1 | 1000 | 14.000 |
1 | 5259 | 13.990 |
Price($) | Vol. | No. |
---|---|---|
14.300 | 2063 | 1 |
14.350 | 2500 | 1 |
14.370 | 309 | 1 |
14.400 | 6566 | 2 |
14.420 | 1137 | 1 |
Last trade - 16.10pm 02/08/2024 (20 minute delay) ? |
Featured News
KAI
Pilbara Minerals buys land off Kairos part of its York gold project for $20M – and a 2% royalty on any PLS gold sales
STX
Strike hands $48.5M contract to Clarke Energy to produce 20x 4.5MW gas engines for Sth Erregulla
MND
Albemarle lithium downsize burns $200M hole in Monadelphous's pocket as latter's contracts terminated
NST (ASX) Chart |