Sparktastic I tend to agree with you. Another chunk of gold in the ground would be nice but you dont get much credit for it if you dont have a plant to treat it, nor the credability of turning other deposits into healthy cashflow. Secondly the deal is structured in the favour of CYL (JV) so i cant see much demand from anyone else to take out NML position. As such, no rush there I would think.
Ask the same question beore venturing back into WA or if Tasmania was working well and you would probably get a different answer.
Regards DC
NML Price at posting:
1.9¢ Sentiment: None Disclosure: Not Held