I very much like today's JV ann because if there is one thing that is irrefutable about NST it is that management understand Paulsen and surrounds acutely.
Management has surpassed all expectations with respect to defining drilling targets which have turned into some of the highest grade resources in Australia. While the previous management saw nothing of note at Paulsen, NST's management identified voyager 1, voyager 2, Gabbro and Ashburton...imagine the possibilities with all this new ground!
Importantly today could signal a shift corporate awareness of management. which at times as fallen short of their operational acumen, 6 million looks like a sound deal for 60% interest given previous success and potential of the region.
Management has expressed a desire to grow a prosperous future for Shareholder's I believe this JV gives a clear path to that goal and tangible fulfillment.
Just my thoughts, GLA
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