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No worries! May I suggest that you read the reports and...

  1. 11,557 Posts.
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    No worries!

    May I suggest that you read the reports and announcements for the past 2 years, commencing with the IGO farm-out.

    There are 2 main themes; one the base metals with IGO and the other the gold with NST.

    NST will use gold from Hermes to feed its expensive-to-run and under-performing Plutonic mine to the east. It's only small and not flash grade but it needs it; so much so in fact that it is building an access road across the bush - maybe 60kms in length!? It will also get gold for Plutonic from the jv area.

    You should read about Plutonic at NST. It is affecting the financial bottom line and they are trying to make it better. There are some good posts on NST HC.

    So, maybe NST will intensify its exploration on the jv land so as to find more feed. That will benefit ALY income-wise.

    As for the base metals, it is possible that IGO may find another copper( with gold) deposit like DeGrussa, Monty or Horseshoe Lights. They all have common geological features.

    Bona fortuna!
 
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