NST have to keep growing to keep their sp heading North - they've made some plays recently but now seem to have come up against their limits - if they use script for major takeovers they dilute. I have always thought the Tanami play was to unlock growth through reserves on the cheap - if they prove up more ground then their reserves grow and with it their sp. I do think though that they are facing the reality that they're actually going to have to do something about the reserves in places like the Tanami. I'd think in the next little while we're going to finally see some real action in regard what BB & Co have planned in regard where they're going to locate the processing plant and what size it will be - you would think it would be fairly close to where the CTP plant is now but you'd want to make sure you didn't again build it over where the gold is as seem to have happened previously. IMO
TAM Price at posting:
4.7¢ Sentiment: Buy Disclosure: Held
