I don't know, but even toilets are worth something.
EAR deposits are near Jundee, so acquiring these will provide ore for the mill down the track long term. I think it's within trucking distance? So no need to fire up Bronzewing?
NST did a 4% placement to raise $175M for Pogo. So they still have some capacity left to place scrip for a T/O without using cash. If NST SP was to go higher and EAR go lower, then there might be a sweet spot. NST did buy in at what 30c? That can't be just for fun and no good reason? The market didn't seem to mind back then. For a $5.8B cap company, don't reckon the shareholders will rush out the crucifixes just for investing 1.5% to secure 1.7M ounces for the future.
Also, SAR Thunderbox is close by - I wonder if they will come over for a sniff? Bidding war anyone?
