If the rumors are correct then NST has bought around $1.4...

If the rumors are correct then NST has bought around $1.4 million worth of NXM shares at 18c each.
They already own some of course but I don't think this new amount will put them over the threshold to announce anything to the market.
Still very good for NXM SH's in my opinion as NST are showing more than a passing interest.
There is no way though that NST would commit to doing anything of a serious nature with NXM till AT puts out some accurate numbers to the ASX of just what NXM has in the ground
In my opinion when this happens then NST , and hopefully a few others , will have to make their intentions about NXM known.

This $4 million raised could be what AT needs to get the numbers out to market so as to bring in the bids , fingers crossed