come on mate, do you think NST would be saying $150m is not a...

come on mate, do you think NST would be saying $150m is not a fair and sensible offer? Clearly everyone knows it's not, including NST  - no-one starts negotiations with their final price.

That Westbusiness article citing $300M is what I would expect an reasonable offer would be. Depends on how much up-side the tenements have - NST have been pounding in the drilling over the last 4 years.

The question is, are NST willing to pony up? Will EVN step into the ring? Mungari appears to be suffering and 49% of the EKJV would be a nice sweetener for them, and potentially a convenient milling solution for NST's share? I wonder what other interested parties are in the game?

Interesting times.