The trading halt request from the 15th. November last year mentioned that "Northern Star Resources Ltd (“NST”) requests an immediate trading halt pending release of spectacular drill results from the Paulsens Gold Mine."
This trading halt request makes no mention of "spectacular drilling results" or anything along those lines. Someone suggested to me a short while ago that a "potentially material impact" can be both positive or negative.
From NST's announcement today:
"Northern Star Resources (ASX: NST) requests its securities be placed in a trading halt immediately pending the release of deep drilling results from its Paulsens Gold Mine in WA. These results will have a potentially material impact on the future of Paulsens and therefore Northern Star."
But in view of the ASX announcement just one week ago "Paulsens set for higher cash margins and longer life" my money remains on outstanding drilling results ...
The trading halt request from the 15th. November last year...
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$13.71 |
Change
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Mkt cap ! $15.75B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 4 | 110631 | $13.70 |
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| Price($) | Vol. | No. |
|---|---|---|
| $13.71 | 48528 | 3 |
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| NST (ASX) Chart |