NST own 25% of the Central Tanami project, and it will be increased to 60% upon bringing the mine into production.
Last week, TAM who own the remainder of the project, reached a settlement with MLX who believed they had pre binding agreement in place for the Central Tanami Project.
Now that settlement has been reached, does anyone feel that NST will make a play to buy out TAM, in order to acquire 100% ownership of the project?
TAM's SP is currently 8.5c, and I would estimate that in the current climate, they would potentially need to offer somewhere up to 20c, which would cost them about $200 Million.
Does anyone feel that this is a possibility of happening, or is NST likely just to be happy with 60%
NST own 25% of the Central Tanami project, and it will be...
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Last
$14.94 |
Change
-0.120(0.80%) |
Mkt cap ! $17.17B | |||
| Open | High | Low | Value | Volume |
| $15.22 | $15.22 | $14.86 | $46.37M | 3.095M |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 899 | $14.93 |
Sellers (Offers)
| Price($) | Vol. | No. |
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| $14.94 | 3191 | 1 |
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| Last trade - 16.10pm 30/04/2024 (20 minute delay) ? |
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Last
$14.89 |
Change
-0.120 ( 0.89 %) |
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| Open | High | Low | Volume | ||
| $15.19 | $15.21 | $14.86 | 312808 | ||
| Last updated 15.59pm 30/04/2024 ? | |||||
| NST (ASX) Chart |