NST 1.00% $15.84 northern star resources ltd

Compare NST to JB Hifi or any other large retail/whole or even...

  1. 1,250 Posts.
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    Compare NST to JB Hifi or any other large retail/whole or even real estate SP

    They know where they need to dig for the next 5 years, they know how much it will cost to extract that gold and they can fwd sell and lock in a profit (risk free, digging and product already sold)

    A downturn for most business' in Australia could see them go to the wall
    They cannot guarantee delivery of stock (currently suplly of items woefully slow/stopped) and once they have the stock, they do not have guaranteed buyers

    Would rather be a gold miner than most other business' in time of uncertainty

    IMO
 
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