I highly doubt NST would want to takeover ARV, or full ownership of Mt Clement.
Then again I scoffed at suggestions taht ther ecent SLR TH for takeover was for a TKO of Phillipis River... 2 days later... :-)
No I think NST would want something much bigger...remember they paid only $40M for Paulsens, so all this stuff about paying $10M for ARV then the rest for the project is a little ludicrous if you ask me given how tiny Mt Clement is not to mention how difficult it would be to mine (have a look at the project closely).
Course they probably make me look like a goose now and announce a TKO of ARV.
I have no issue with NST, despite the recent SP fall. In fact, I recently flicked a few DRM to buy some more...and I rate DRM extremely highly - its my biggest gold stock investment.
Cdchi1
how will nst utilise newly acquired funds?, page-18
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$17.08 |
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Mkt cap ! $19.63B | |||
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