Can't see NST holding its share price, page-1329

Hi all

Just jumping in here from another thread - not wanting to cross-promote so won't mention names.

Perhaps an FYI, a junior explorer has recently successfully consolidated the Yandal belt tenements that run along the north east of NST's tenements

High level summary:

Pre-consolidation - there were 5 companies that owned the tenements along the Yandal belt (unnamed junior explorer, NST, SLR, RNX and Millrose)

Post-consolidation - it is now just NST and the unnamed junior explorer as per below.


NST obviously holds substantially resource-rich tenements.

The unnamed explorer is currently undertaking a large drilling campaign in the largely unexplored region (over 100km of strike).

IMO, the explorer is looking to hit gold in several locations, substantially increase its resources (currently ~600K oz) and then sell everything to NST.

I'm wondering whether any of this has been discussed by NST holders in the past few months or if it's on the junior side only at this stage. Just trying to gauge how much wind is in the junior sails so to speak. Would appreciate any thoughts.

Cheers all.