@CashedUpBogun, if NST were to hypotheticallly move in on WMX by...

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Hiddenvalue

3,090 Posts.

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19/10/20

16:05

Post #: 48208273
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Originally posted by CashedUpBogun: ↑

pogo has definitely been a harder ship to turn around, working in a new jurisdiction has its challenges notwithstanding the isolation but it demonstrates the NST juggernaut can operate out of australia and lends credibility to being a global top 10 producer.

The mill upgrade, and continuing exploration success at Goodpaster will see the operation ramping up to 300koz/yr. Also opens up a north american front for increasing production to over the 2Moz mark - without having to operate in Africa, South America or some other high risk jurisdiction.

Even if the capex spend is twice the purchase price and then some, it would be a better buy that WMX with triple the MC. NST would have been slaughtered if they had moved in on WMX - no doubt their astute BD team have been running the ruler over wiluna since acquiring jundee if not before.

I did not go to Diggers this year but i understand it was a very bouyant and bullish mood amongst explorers and developers alike. Many SP hikes just on presentation alone. Maybe poor old WMX was one of the loneliest booths there?

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@CashedUpBogun, if NST were to hypotheticallly move in on WMX by any remote chance and now that you have expressed your expert opinion on our assets it would only be fitting you sell out on NST on such an event and never touch NST again in the future.

You seem pretty confident you know what the board of NST are looking at so this would be an easy one for you to say hiddenvalue if NST were to make an offer on us i would happily move on.

Are you up for the gentleman's agreement. You are quite vocal on WMX so hence why I have put you up to the challange.

WMX Price at posting: $1.76 Sentiment: Hold Disclosure: Held
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0 Great analysis

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@CashedUpBogun, if NST were to hypotheticallly move in on WMX by...

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