Money of Mine

NST’s $5B Deal: Most Expensive Undeveloped Gold Mine Ever

There’s only one thing to talk about today… Northern Star’s big swing for De Grey.

This friendly, all-scrip deal which implies a A$5b value for the developer of Hemi is the biggest deal of its kind, so we’ve got plenty to chat about.

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(0:00:00)Introduction

(0:01:40)NST make $5b move for DEG

(0:08:21)Will Gold Road get in the way

(0:13:23)How does Hemi fit into NST

(0:22:03)Hemi's met

(0:35:12)Thoughts on the deal