Ann: Northern Star acquires Hermes Gold Project, page-4

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  1. 3,349 Posts.
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    You'll see more of these smaller deals as NST approach other stretched and stranded small resources around current operations that have good prospects without an avenue to develop economically.

    $1.45m/$120m(est current NST cash) = 1.2% of cash and in no way affects dividends or cash.

    $1.45m/220k oz = $6.60 per resource ounce. GOOD

    This is no big deal and is very good for ALY considering the 1% NSR. As for NST, snooze on this one unless exploration pulls up something significant.

    Moving on...
    Last edited by Seth Davis: 24/02/15
 
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