So now we see one of the reasons why NST REALLY wants EAR. Ramone will be a big open pit but lower grade than the UG ore being processed thru Jundee. They will not want to blend that ore with Jundee ore, and definitely dont want to have to build another plant.
Solution: Buyout EAR and use the BW plant.
And ofc they get all the ground around Ramone that EAR has tied up...plus everything else..
Very smart.
Cdchi1
EAR Price at posting:
30.5¢ Sentiment: Buy Disclosure: Held