We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Natasa Min | NSN | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 31.75 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 31.75 |
| Top Posts |
|---|
Posted at 02/3/2015 13:40 by kiwimonk Subject: - Treat Shareholders Fairly-------------------- This STINKS to high heaven. They have CASH AND STOCKS worth more than double the offer price. "other financial assets $32m" Total Net Assets "$38m" Current market cap offer price £9m. NSN also own the vast Fox Creek Deposit. Jorc of 1.4 billion tonnes of thermal coal. I recommend any shareholder write to the the Board and demand a FAIR deal here and vote against the proposed de-listing. NAI KM |
Posted at 27/2/2015 17:48 by corrientes Of course its a rip off. Things are so bad in the industry that major holders, representing nearly two thirds of NSN shareholders, like the delisting but are happy to continue to hold !No word about the company's prospects which are getting to the interesting stage. There should be a law against the oppression of small PI's, but as the City is corrupt from top to bottom, I'm not at all surprised by something even as blatant as this. I wish some financial investigator would have a look at this. |
Posted at 19/2/2015 10:53 by hugepants Made a mistake in the above post since the net working capital is in fact "available-for-sale listed equity securities". Described in the accounts as ;"..The available-for-sale listed equity securities comprise securities in companies operating in the mining and natural resources sector as well as holdings in major companies operating in other sectors. Although the Company's investment strategy is to focus on pre-production and/or producing resource opportunities it also holds securities in major companies operating in other sectors in order to maximise the overall return to shareholders..." NSN's 40% stake in UEP is currently valued at £5.5M based on the current UEP share price. The entire market cap of NSN is only £7M! However I reckon UEP is only going to have value if CNOOC decide to drill whereupon UEP can sit back and see what happens, only having to pay out their share of exploration costs from future production. |
Posted at 09/2/2015 14:10 by hugepants Bought some of these this morning.Appear to be able to buy at under the mid price currently. Looks very cheap on an asset basis. Net working capital minus all liabilities is about 58p per share based on last results. .However given this mostly comprises equity investments in natural resource stocks it would be prudent to write this down by say 20% to get a fairer current value. Kind of guessing here since not much detail on what these investments are. On top of that the UEP investment looks interesting, given CNOOC are expected to drill in 2005. NSN own 40% of UEP. UEP's 40% interest in the licence is carried by CNOOC on the first well. They also own 100% of Fox Creek thermal coal asset (inferred thermal coal resource of 1.4 billion tonnes) which is at a very early stage. |
Posted at 15/5/2012 08:14 by kiwimonk Registered in the Cayman Islands. Cash and Assets still well above current mk cap.Safe bet in these turbulent times, and sharp management. Have a look at the picture's on the front page at the official signing of CNOOC agreement. This was a mega mega deal. Small float, loose stock gets mopped up quickly. Alberta Coal will be either sold or floated. It was going to float for circa $100m. When conditions improve probably get the push. Just shows even on this asset alone NSN is woefully undervalued. |
Posted at 13/4/2012 16:16 by kiwimonk Wrong Band flexNSN still own 42% of UEP. CNOOC bought into PNG Energy Ltd (a UEP subsidiary), they will pay for all expenditure on exploration. CNOOC own 70% of PNG Energy we UEP 30%. This was a BIG deal. Watch this space! |
Posted at 24/2/2012 15:33 by tomboyb NSN does look very cheap indeed does it not - |
Posted at 29/10/2011 09:54 by kiwimonk NSN now has 84% of UEP! Equates to a stake worth : £42.7mNSN's market cap £24m Should blast through 100p on toward 160p on this news. NAV must be nearing 200p. Current price 85p! Those PNG licences must be mouth watering. KM |
Posted at 27/10/2011 14:03 by kiwimonk Yep. NSN's 42.3% stake in just UEP is now worth just shy of £22.3m!!NSN Mk Cap - £25m Add in the rest of the assets, 847mt of Coal at Fox Creek - Should easily be worth double NSN's mk cap. That's a mega amount of Coal. £10-£12m cash Kys Warrants UNV Shares etc etc |
Posted at 14/10/2011 10:11 by tomboyb Hugepants - UEP holding much further at 1.28p - 2.0p - If the entire cap covers NSN - Then we have cash and investments for NSN - Wjat we don't know id the potential of those PNG licences - But NSN looks very undervalued indeed. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
