I suspect all alone ng that NST were expecting their bid would need to be increased because the market would recognise the bid was on the cheap, and a few extra million to pay is very little compared to the strategic benefit of having EAR tenements and infrastructure in their camp.
But don’t expect revised bid to be any higher than 40 cents, unless the gold price skyrockets over the next month
EAR Price at posting:
32.5¢ Sentiment: Buy Disclosure: Held
