NST 1.94% $17.90 northern star resources ltd

Ann: December 2018 Quarterly Activities Report, page-62

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  1. 133 Posts.
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    Thanks for the in depth insights into the engineering of the mines there Esh.

    Sounds like they may need to find a new operation - shallower and with higher grades. There's some options there of course (SLR, Doray & others) - but how much will they cost to acquire is the question. 

    A cheaper but riskier option could be Red5 - and drill the hell out of the place although Darlot as I'm sure you're aware has also been mined and drilled for a number of years.

    Perhaps a foray into African base metals. There's enough Aussie explorers there with reasonable deposits. Unfortunately base metal demand fluctuates as we know - so perhaps a JV with a Chinese or Indian company to take ownership once developedor with a long-term offtake agreement is a possibility.

    just a thought.
 
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