NST 0.87% $15.99 northern star resources ltd

I don't think they have a choice other than to hold and close it...

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  1. 5,669 Posts.
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    I don't think they have a choice other than to hold and close it out. The AISC is relatively high and the CAPEX required to grow the resource is too high for any jnr to be interested in it. I think if it was saleable asset, it'd be gone by now. Nostalgia doesn't cut it in terms of reasons to hang onto a costly mine like Paulsens.

    If NST can't spin it into a major earner, who else would so arrogant as to think they can.
 
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