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Questions on Tyro Payments (TYR), Northern Star (NST) & Neometals (NMT)

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Questions on Tyro Payments (TYR), Northern Star (NST) & Neometals (NMT)

Happy New Year, looking forward to the continued MM daily/weekly updates this year. Your viewpoint & general guidance on the following please . . NMT - I have had good run with this holding with potential announcement catalysts still to come in 2022. What is your take on NMT at current levels (circa $1.60-$1.70). I like the companies projects, but don't want to get greedy. Sell the pop or continue to hold for 2022? NST - A quality company in my view, but really struggling to get going even though current gold prices are supportive of margins. It seems gold can't catch an upside break torn between US$ strength, bond yields & resistance. Continue to hold for 2022? TYR - I have held & sold in the past, but I'm considering re-entering a position circa $2.50 as I see upside there. Although not the same as Z1P & APT, it seems as though it seems to have been caught up in the Tech sell-off, but I don't think this really applies to TYR's business model, although they don't appear to be increasing profits & do have a cloud hanging with merchants pursuing a possible claim due to terminal outage issues last year, I think this is probably unlikely as TYR seemed to deal with the issue pretty well. Would you be a buyer at current levels if they were not already in the Emerging Companies Portfolio? Do you see a potential lower entry level if the Tech selling continues? Bernie

Answer

Hi Bernie,

HNY to you also! Obviously a number of questions here hence please excuse the brevity on each:

NMT – Neometals Ltd looks great but being in the “hot” lithium, titanium & vanadium space decent pullbacks are to be expected, I would be tempted to rise the surge technically. i.e. run stops under $1.70 & / or take part profit and run the balance.

NST – we remain bullish Northern Star Resources (NST) targeting at least another 20% upside.

TYR – I could consider accumulating on the back foot below $2.50 but it would certainly be slowly but surely considering the news / sentiment in todays market.

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