Ann: Quarterly Activities & Cashflow Report - September 2019, page-11

Yes, there have been several attempts to derail Tribune and Rand over the past 20 years plus. This is due in part to their high quality assets but mainly due to the refusal of their management to deviate from their goal of maximising shareholder value.
They have worked through tough times and refused to go down the usual path of extreme dilution at the hands of the brokers or capitulate to unfair takeover attempts. How many gold companies have been able to hold onto their assets, produce from their assets, pay good dividends and hold their shares issued at around 60M?
The increasing AISC is of some concern but because of the lean structure of these companies, they are well placed to deal with this.
I am sure that NST, led by the beguiling Bill Beamont, will continue to take any and every opportunity to attempt to damage Tribune and Rand but they can ill afford to damage the output from the EKJV in the process as it is one of the two decent assets held by NST.