I expect this deal will turn out to be a massive winner for NST, which will be reflected in the future share price of NST with a rebound in the gold price and as NST progressively provides bullish news about Plutonic, turning this acquisition into a huge success story just like NST did with Paulsens imo.
It is very important to note on p9/15 of today's ASX "PLUTONIC ACQUISITION PRESENTATION" the experience that NST's Executive and Senior Management team have had in the past with Plutonic and Barrick's other Australian operations.
Eg: Bill Beament oversaw underground mining at Plutonic, Stuart Tonkin was Project Manager at Plutonic and Bernie Sostak was Chief Geologist at Plutonic for 8 years etc. etc.
This gives me additional confidence that this purchase will turn out to be a massive, value adding winner for NST share holders.
ann acquires plutonic mine form barrick, page-11
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Last
$12.74 |
Change
-0.090(0.70%) |
Mkt cap ! $14.54B | |||
| Open | High | Low | Value | Volume |
| $12.82 | $12.82 | $12.65 | $64.83M | 5.096M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 99 | 21342 | $12.73 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.74 | 9105 | 22 |
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| Last trade - 15.52pm 03/07/2024 (20 minute delay) ? |
| NST (ASX) Chart |