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2,285 Posts.
513
06/12/18
11:27
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Some faith shown by NST, albeit at 11 cents, and as an underwriter being paid 2.5%.
NST get to appoint a member of the board, and have raised their holding to over 22%.
Strong relationship established with MACA.
Good start for the new CEO.
The only disappointment was the 1 for 20, when it should have been up to a maximum of $15,000 (probably also at 11 cents).
There won't be much of a shortfall, if any.
Now they need some really good exploration success to propel it forward.
I wish NST would lend them a couple of their exploration geologists for 6 months.
Gw
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