My theory about the "third thing" on the horizon relates to developing the Pilbara area into a 200k oz production hub. NST has announced to the market that their future strategy is going to be based around "production hubs" of around 200k oz each. Obviously, Paulsens is a single mine at the moment and NST will need to grow that region before making it into a part of the production hub strategy.
NST has resources JORC'ed up at Ashburtons, which is down the road some way from Paulsens. So........... maybe NST is planning to develop the Ashburtons area into a mine thus making it the "third thing" to be announced when they are ready.
Just a theory........... so who really knows. All I'm sure about is that NST will continue to grow their production and that makes it a great investment.
Cheers
Stars Aligning for Northern Star, page-12
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Last
$14.69 |
Change
-0.250(1.67%) |
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| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 17/05/2024 (20 minute delay) ? |
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$14.70 |
Change
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