Ann: Acquisition of South Kalgoorlie Operations from Westgold, page-6

All is forgiven by WGX for NST gazumping of the WGX/TAM deal? Or is this just a desperate move by WGX to access cash to feed the capex/exploration cash eating abilities of it other operations?

SKO was WGX's lowest cost operation in the last 6 months and actually provided a surplus after all costs are factored in.

WGX recently did a CR with some overseas group and has a potential $120m it could raise if its $2.00 options are exercised in mid 2019 (but that is presumably too far away to meet their outlays for their two expansion projects). WGX seem a bit wobbly at the moment - hopefully it all comes good.

WGX will get $60m of NST shares, which they can sell at any time (and obviously will). At the current NST share price its only a bit under 10m shares so unlikely to have much impact on NST's share price.

loki