This announcement is good, not the one that Mr Market is demanding and has spoken it's disappointment too, however still adds value to the company.
I don't think anyone would be happy to see someone else mining this area and SAU not collecting something because we couldn't be bothered to make a tenement application.
Bluebird is within the next 2 weeks going to put forward a feasibility plan to reopen Gulbong, lets hope the cost and time frame is less than expected. NST is in a very good financial position and is making good it's contractual obligations so at the latest we will see payments in January and considering there financial position most likely a settlement of benefit to both parties.
I did notice NST's market cap in relation to its production , very impressed and it is a good indication of were SAU is heading .
First step. Gold production.
Best luck to all.
SAU Price at posting:
21.5¢ Sentiment: Buy Disclosure: Held