NST 1.43% $15.90 northern star resources ltd

NST own 25% of the Central Tanami project, and it will be...

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    NST own 25% of the Central Tanami project, and it will be increased to 60% upon bringing the mine into production.

    Last week, TAM who own the remainder of the project, reached a settlement with MLX who believed they had pre binding agreement in place for the Central Tanami Project.

    Now that settlement has been reached, does anyone feel that NST will make a play to buy out TAM, in order to acquire 100% ownership of the project?

    TAM's SP is currently 8.5c, and I would estimate that in the current climate, they would potentially need to offer somewhere up to 20c, which would cost them about $200 Million.

    Does anyone feel that this is a possibility of happening, or is NST likely just to be happy with 60%
 
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