Resist all takeover offers before 2029 ... ?

@gbgirl was suggesting that BHP or RIO would be preferred suitors, but I disagree.

And I think the topic of potential takeover of NST requires its own thread ...

First, short positions ...

Anyone holding short through that run up to 23.80 must have balls of steel, or the female equivalent.

Surely they are gone. But there may be new ones.
The masses believe the top is in for gold. If they go short, they will also get hurt imho.

Re takeovers ...

Let's not be absorbed into anything like BHP or RIO ... please.

Gold is the only game I want to play in a currency crisis.

We'd be far better off with Agnico.

But way way way better just staying as NST please, at least until all the hard work comes to fruition.

I did a few quick figures ...

Agnico has the reputation as the best run major operation, but I believe NST will actually show them up soon, hence we don't want to dilute our superior position by being absorbed into something with lesser performance.

Agnico produces about 850k ounces per quarter, say 3.400k ounces per year.
Their AISC is $1960/oz AUD
Their market cap is ~94 billion AUD

Looking at NST position in ~3 years
We would have production of around 2,700k oz per year (80% or Agnico production)
We would have AISC of say $1800 AUD (so maybe $200 AUD less cost per oz than Agnico, perhaps quite a bit better if we hit our targets)
Our current market cap is around $24 billion AUD.

In ~ 3 years we ought to be considered to be 80& the value at least that Agnico is now ...

That would mean a market cap of more than 75 billion, or more than triple our current market cap.

And the potential from there is still enormous.

Other gold companies will look at the mother of all plants on top of the mother of all gold deposits, and maybe a twin emerging at Hemi, and NST will be the envy of them all ... imho ...

Let's not even think about accepting a takeover price of less than $100 per share hey? Anyone with me?

GLTAH