I think NXM probably reckons NST will buy the whole bloody lot....

I think NXM probably reckons NST will buy the whole bloody lot.

Don't waste money on CAPEX/OPEX on a small operation. Go big or go home.

NXM at $20m, $50m or even $100m is still a round error for NST, especially since it merged with SAR.

NST wants feed for its increased operations at Carosue Dam where AISC is approx AU$1200.

Not difficult to see NST paying a couple of hundy per ounce in ground for Wallbrook and at Pinnacles as the resource grows.

Bookmark this post for later - time will tell whether I am right.