Any reasonable person is asking the question why STM are in a...

Any reasonable person is asking the question why STM are in a position to turn the screws on NPM regarding more favourable conditions for them to what was agreed to back when the deal was inked. A deals a deal right? Have they become aware that Hopeavouri is stuck and mgmt need t o deliver something from their Scandinavian mis? adventure especially considering they sold a retail cap raise last year on the certainty that Hope was transferred and ready/will be first priority drilled. Retail was milked on the strength of this. Baffling also that Hopeavouri had far fewer of these protection covenants that Sat has. It's also discouraging that the former operators of the tenement have reduced the ounces they think it holds.

This management team is really dredging along the bottom now and it's difficult to see how they can continue to raise any significant capital with their increasingly poor track record.