NST 1.65% $14.33 northern star resources ltd

I posted on the GMD boards about the "Salience Bias" phenomenon...

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    I posted on the GMD boards about the "Salience Bias" phenomenon Post #:73011126. $2/share earnings in which FY would be one of those salient factor we really need to be careful about. I don't think that is in the realm of reality (inside the standard deviation) until after FY 2028.... the most you can hope for at this point is $1.472/share earnings in FY26.
    https://hotcopper.com.au/data/attachments/6059/6059434-5e17b3dd32d004ea67f90fffa324f676.jpg
    For that to happen NST will need to earn or exceed these earnings in FY2026:
    https://hotcopper.com.au/data/attachments/6059/6059469-bcc64e4533c7a50a203ae3c02bd38fc9.jpg

    In saying that. NST (and EVN) have earned their place in my portfolio. It has joined CBA, BHP, FMG and RIO in that they occupy a cornerstone holding ad infinitum. As such I do not have the "$X/share earnings in which FY" salient expectations that govern the investment because I will be the first to admit that I do not have a crystal ball...
    Last edited by Exised: 26/03/24
 
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