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I guess that depends on your view of gold prices moving forward....

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    I guess that depends on your view of gold prices moving forward. Some believe gold could go as high US$5000/ounce by the end of 2020 which would make $7.6 billion look like chicken feed. And whilst that sounds fanciful I think $US3000-3500 by the end of 2020 is well and truly possible. Some would say probable. NST from memory only pay a smallish dividend of around 1% fully franked at the moment but if gold prices do hit north of $3000 it's hard to see them staying that low for long. If or when the day comes I wouldn't be selling any NST shares in a hurry myself.
 
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