With time to digest, I am very comfortable with this acquisition. I've been going long with SAR and it hasnt disappointed - the company is like NST's little brother IMO.
Looking at it from another direction, 50% of the superpit appears to be a safer bet than 100% of Pogo. I still believe NST will deliver on Pogo, but it looks like it's really stretching their expertise and PR machine's capabilities.
Ann: Super pit acquisition now unconditional, hedging update, page-3
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