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3.57%

2.9¢ tanami gold nl

NST Report, page-10

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Pbnewby

6,872 Posts.

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27/09/17

12:24

Post #: 27487638
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Originally posted by markh1960 ↑

With labour gov proposed increase in WA gold royalty, it should encourage development out of WA, this would make Central Tanami project more attractive to focus on for NST it being in the NT, as less royalties would need to be paid.

Insane to do this to gold it being such a low margin commodity to produce and getting harder to get as time goes on.

I think this ill thought out WA proposed royalty increase would actually end up costing the government more than it makes.

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Good point - I'm sure its helping with the CTP case - I see NST are now aiming for another 1m oz discovery within 100km of CTP - maybe the thinking is if they are going to get the CTP plant up and running they might be better upgrading to handle more throughput...

TAM Price at posting: 4.8¢ Sentiment: Buy Disclosure: Held
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Last 2.9¢		Change 0.001(3.57%)		Mkt cap ! $37.60M

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2	607826	2.9¢

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Price($)	Vol.	No.
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No.	Vol.	Price($)
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2	202907	0.039
1	33000	0.036
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Price($)	Vol.	No.
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0.044	23577	1
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