With all due respect I disagree. 1) they can offer scrip and...

With all due respect I disagree.
1) they can offer scrip and cash or just scrip + they are essentially printing money now with current AUD gold proce.
2) It may temporarily impact cash but it would obviously be offset overtime and result in cash flow and profit for the owner, especially if/when AUD gold breaks 2000.
3) They dont need it but it's cheap, if they put EAR dirt through the mill as well as other ore from nearby NST exploration success to makes sense.

I dont tbink NST bought 22.5% of EAR for future dividend streams or to sell their shares out at a later date (they had previously being buying on market in the 30s).

All my opinion and EAR will do well regardless