Share
clock Created with Sketch. 23/10/17
17:37
Share
Originally posted by speculator101
↑
PB - A fair point about Western Tan. Its not an exciting asset or arguably acreage, at least in regards to past exploration, yet NST happy to buy it.... then all the land grabbing NST have been doing. I guess they are trying to keep the acquisitions as quiet as they can until they have all they want. As you say, the CT plant is indeed a key part of the whole package, yet... NST seem very happy to simply sit on it. This to me implies that they have something up their sleeve. In fact, just thinking about it now, perhaps NST recent buy of the Western assets, was a nudge to TAM that they will easily have the cash to wait for perhaps another year or 2 before CT gets refurbished? NST like to explore and in reality, have really only been brown field exploration. They obviously view the ground in NT as being good (but perhaps also relatively unloved compared to everywhere else).
Expand
Just a thought,
