TBR offered to buy out NST stake in EKJV after 'insulting" offer, page-12

Mate. He didn't "allow" anything. The confiscated shares were given to Morgan Stanley to dispose of according to the orders of the Takeover Panel which didn't take into account the interests of existing non-Billis related party shareholders. Everyone knows TBR and RND are very illiquid stocks and with a 12 million share overhang the market was waiting for the share price to be ground down as the stock was doled out to the friends of the banksters, so the stock price suffered accordingly. Thankfully MS found a decent home for most of the 12 million shares which has created some competitive tension.

Billis has every right to be angry and insulted by the opportunistic young up start that has blown his trumpet to create a gold company bubble with a ridiculous P/E ratio that has every chance of burning investors when it goes pear shaped.

Interesting how he mentions how costs have been rising for the EKJV and more waste ore is being mined, something I have been warning about for a long while. Also processing the ore through KB is adding to the cost.

There is nothing stopping RND/TBR toll treating our ore through EVN's plant. RND/TBR aren't bound to NST for treatment options. If it makes economic sense for shareholders I hope Billis dumps NST and toll treats our ore through EVN's Mungari Mill. That would teach BB. He can then fill his two Kalgoorlie mills with his own lower grade ore.

I also hope EVN buy Boddington from Newmont if the Barrick/Newmont merger goes ahead so that BB is put further back in his box. They might JV the Nevada assets instead of merging though which would probably mean no sale of Boddington.

Don't worry about Worzel, he is bitter on these companies, apparently they are dogs and have never done anything right by their shareholders despite the evidence all pointing to the contrary.Esh