Ann: EVN:Agreement to divest Mt Carlton gold mine for up to A$90M, page-48

Ian Holland is at the helm here. He had experience at Fosterville after Jozsef Patarica in the 20'teens which seen Fosterville go from a little company to a big company.
My takeaway from the announcement is that the company becomes cash positive in 9 months, of course all dependent on the gold price. Medium term extensions at the mine look decent as well. Quite a lot of geo's working for NML in company positions too. Ian also putting his own money into this one. Kirkland & Evolution now part owners of NML too with the Catalyst tie up at Tandara. Only time will tell with this one but I don't believe this has been a rushed or quick decision. Navarre really needed a cash positive asset for their ongoing Vic exploration targets.