The trigger for value I see is NST selling their interest to Black Cat if the project on the WA side of the border comes off. I thought a higher TAM price might have been manufactured for an ABM takeover. The negotiations, only requiring a mirror on the other side of the table, would have been very easy!
NST bought into a Groundrash Feasibility when gold was A1500/oz in 2015. Gold has been sitting at A2500/oz a long time. An extra 1000/oz per ounce wasn't enough for it to be of interest to NST?
TAM Price at posting:
4.0¢ Sentiment: Hold Disclosure: Held
