Two things for me. NST is 100000% dragging its heels on the CTP J/V, because IMHO, they are not 100% sure of the legal proceedings. Hence, the 'resource update' to come will still take a while followed by more waiting, at least until Nov anyway. NST would not have bought into the project unless they were already sure of the outcome, i.e getting the plant into production and yet many months later, nothing is happening, very little drilling, no plant refurb etc.
Also TAM continue to sell their NST shares well below the current high prices. I will never understand that. I continue to watch on. But for now, TAM is going to have no news until at least Nov.
TAM Price at posting:
6.2¢ Sentiment: None Disclosure: Not Held
