I'm interested in this discussion as a holder of STA and a close observer of developments in the West Gawler craton. WSA has just started working our tenements next door so we're a few months behind. Basically whatever quantum and decision MOX has to deal with now STA will have in 6 months. Like MOX STA is also doing other exploration that may add value in the interim.
My personal opinion is that both companies should do whatever they can to delay the dilution to a 1% NSR. That will cost money but if the ground is as good as we all hope then a 10% share will do more for respective market caps in the near term than a 1% NSR position. As I see it, in this case the bird in the hand is 10% of blue sky potential.
MOX Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
