Meh, EAR is going down the toilet. Paying $100M would be a huge error in judgement and the market would crucify them for it.
As a long term NST holder I'd rather they pumped $100M into fast-tracking exploration into their Tanami tenements to establish another 300koz operation.
That would take annual production to +1.2Moz/year, and have a far greater impact on the market cap. Even the announcement would pump the stock over $10 because the market knows NST delivers on promises.
EAR Price at posting:
12.5¢ Sentiment: None Disclosure: Not Held
