NST 0.42% $14.29 northern star resources ltd

What price NST?

  1. 327 Posts.
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    What price NST? This question keeps getting asked. I would love a crystal ball.

    There are, however, measures which can be monitored that can provide some indication of what can be expected.

    Non-controllable issues -
    1) The first is the POG - that can't be controlled by NST, although hedging can provide some certaintly of income, but I would not be suggesting that.

    Conrollable issues -
    2) greater reserves need to be built to ensure ongoing income potential and remove negativity in that area
    3) AISC needs to be contained/reduced to improve profitability and to further prove management's ability to manage
    4) reduce or fully repay debt
    5) establish a clear dividend strategy (i.e. reward shareholders and display confidence in NST's future)
    6) increase production - will help profitability, cashflow, assist in reducing ASIC, and help to give NST greater investor exposure/confidence
    7) limit the issue of further shares - there could be a desire by NST to buy more mines (and issue more shares in the process) , but to do so at present would mean paying a premium price. I believe NST needs to work with what it has and not get side-tracked.

    IMHO - do your own research
 
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$14.31 12891 5
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