NST - Chart Analysis - 19 June 2016, page-3

They have a resource upgrades coming and a

"Pipeline of additional feed: Velvet, Paradigm, Carbine, Six Mile, Kanowna pit extension and White Feather"

at KB not to mention the announcement about the Rubicon, Hornet and Pegasus deposits joining up at depth which the market was fully asleep on. That could add a decade to those deposits IMO and I've heard on the grapevine that the ore veins get wider at depth which might allow for more cost effective mining techniques to be adopted.

"Committed A$74M to exploration and expansion capital in FY16; this will underpin growth in production to 700,000ozpa from 2018"

You don't commit that much money with out expecting a good rate of return. NST don't need any expensive acquisitions, they have plenty of assets with which to grow the cash pile organically from here. Rather they return money to shareholders or buy back shares before paying too much for other people's follies. Let's not make the mistake of quantity of ounces over quality of ounces which was the ruin of many a gold company when the music stopped last time. Eshmun