Todays placement to Gina by CYL gives them a substantial cash pool to draw on. Gina emerging as a key shareholder just increases the pressure on Navarre to have a viable forward plan for all of their projects, not least of which is Tandarra.
Don't be surprised if a couple more heavy hitters show up very shortly, the ownership game is getting very serious.
CYL and NML are the keys to one of the worlds great gold fields (IMO).
NML Price at posting:
8.4¢ Sentiment: Hold Disclosure: Held