Personally think pattersons report on NST was poorly researched, NST has around $30M in treasury not $16M like they reported and they over valued Ashburton considering the Metallurgy results are not in IMHO.
Keith Goode of eagle research, researches far more in depth and with more knowledge.
I also think for a high margin operation like NST macroevents have less impact than for the likes of Norton goldfields who are only profitable at high gold prices some punters seem unable to understand that it seems.
pattersons update, page-5
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$16.51 |
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Mkt cap ! $18.98B | |||
| Open | High | Low | Value | Volume |
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