Hi Salt and all,
At the end of the day Tanami 75% own the CTP plant in the center of everything.
NST is heavily invested in the region.
Any material milled in the area is going to be most cost effective for NST to use or own the CTP plant.
Milestones exist for NST to have to meet in order to increase their share of that ownership to 60%.
Pump and dump share trading could indicate a low share price is desired to make an imminent T/O offer or someone knows something we don't in a bad way.
All up though NST is heavily invested in the region and still going hard.
Any outside discoveries will likely result in extra mill revenue for TAM regardless else an NST T/O offer to get the plant.
But as already pointed out how long is this game, it can take years to prove up extra prospects.
We need to know what TAM NST milestone deadlines are in place. A question for TAM or the AGM I think.
Regards Mark Harding
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Hi Salt and all, At the end of the day Tanami 75% own the CTP...
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