TAM 3.57% 2.9¢ tanami gold nl

Watch out for tomorrows NST announcement, page-27

  1. 6,872 Posts.
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    I hold MLX - they wouldn't be interested though the gold spinoff - WGX (Westgold) might be..

    I think we'll find TAM have all right deal skills - remember they did get out of the MLX situation - TAM was a minnow but stood up.

    2018 was the crunch date - no to ways about it - Northern Star will have to come to another agreement with TAM for an extension though I'm sure there is weather clauses which Northern Star could rely on but they would only amount to 6 months max..

    Would NST walk away - I doubt it - TAM would not want that either so I'm sure an agreement would be reached to make both parties happy - though I'm sure in the back of the mind TAM must know that NST could swallow them whenever they chose anyway - by buying Western tenements NST are really only taking part of what they would have gotten anyway in a TO...

    Still all comes back to what Northern Star are doing exploration wise - and they are spending the $$$ in the Tanami..
    Last edited by Pbnewby: 24/10/17
 
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