What are the chances NST would do a take over bid for St Barbara?
SBM have roughly 13m Oz and are listed at a little under 1 billion MC.
They typically produce 300k Oz PA and have a 6m Oz reserve.
SBM have faced some great challenges at their two OS prospects over the past couple of years but things look to be turning around there. Would NST look at a takeover like SBM considering they appear to be relatively cheap for what they have and could add to NST.
Just a thought and perhaps even a hit in hope as a somewhat depressed SBM holder.
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