Northern Star takeover bid for Echo Resources, page-3

I thought the opposite and thus sold. NST has plenty of ore to feed through Bronzewing. Doesn’t need any more from nearby even if it’s a tad cheaper via HMX which relies on discovery.

EAR needed ounces to boost LOM, boost MCAP and allow for financing/dilution....justifying the startup of the plant. NST can restart with their own cash flow and feed multiple sources through the plant. HMX either need stunning discovery (not out of the question with nearology) to make NST want it or justify the build of standalone plant. Worse off IMO