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The gold project has not reached commercial production.

Tanami exercises $20m put option with Northern Star

Tanami Gold says it will exercise a put option forcing Northern Star Resources to buy a 15 per cent stake in the junior miner’s Central Tanami project for $20 million, after the Bill Beament-led company said it had not reached commercial production at the joint venture mine.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

BN30 Index

Index = 100 as of 4 Jan 2016
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
9thPaladin Energy326%-11%
32ndOM Holdings129%32%
102ndNorthern Star Resources39%67%
351stIndependence Group-9%6%
363rdIluka Resources-10%1%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

19/03/18
$1.6m Sold
27/12/17
$5.9m Sold
22/11/17
$1.4m Sold
Total value as at the date of the transaction
Source: Morningstar

Revenue

5th↑Iluka Resources$1,079.2m
6th↑OM Holdings$996.7m
7th↓Northern Star Resources$965.3m
8th↑Independence Group$780.1m
9th↑Paladin Energy$756.2m
509 listed resources companies ranked by revenue.
Source: Morningstar

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