Elliott's Desire for Change at Northern Star Justified, Says Former Shareholder -- Market Talk

Dow Jones06-02 10:03

0203 GMT - Datt Capital's chief investment officer says it's good to see activist Elliott on Northern Star's register. Emanuel Datt says Northern Star's board, while "collectively well-credentialed," lack the deep "bench strength" and mining experience commonly seen at comparable miners such as Evolution. "If shareholder returns have underperformed in a generational gold price bull run, it is worth asking what may occur should the gold price mean revert back towards historical norms," Datt says. A former shareholder of Northern Star, Datt Capital sold its stake shortly after the miner agreed to buy De Grey in late 2024. Datt says he expects any transaction or restructure to take time. Shares are up 11% at A$20.48. (rhiannon.hoyle@wsj.com; @RhiannonHoyle)

(END) Dow Jones Newswires

June 01, 2026 22:03 ET (02:03 GMT)

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Emanuel Datt says <a href=\"https://laohu8.com/S/NSTC.U\">Northern Star</a>'s board, while \"collectively well-credentialed,\" lack the deep \"bench strength\" and mining experience commonly seen at comparable miners such as Evolution. \"If shareholder returns have underperformed in a generational gold price bull run, it is worth asking what may occur should the gold price mean revert back towards historical norms,\" Datt says. A former shareholder of <a href=\"https://laohu8.com/S/NSTD.U\">Northern Star</a>, Datt Capital sold its stake shortly after the miner agreed to buy <a href=\"https://laohu8.com/S/DGMLF\">De Grey</a> in late 2024. Datt says he expects any transaction or restructure to take time. Shares are up 11% at A$20.48. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 01, 2026 22:03 ET (02:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Elliott's Desire for Change at Northern Star Justified, Says Former Shareholder -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nElliott's Desire for Change at Northern Star Justified, Says Former Shareholder -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2026-06-02 10:03</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0203 GMT - Datt Capital's chief investment officer says it's good to see activist Elliott on <a href=\"https://laohu8.com/S/STIC.U\">Northern Star</a>'s register. Emanuel Datt says <a href=\"https://laohu8.com/S/NSTC.U\">Northern Star</a>'s board, while \"collectively well-credentialed,\" lack the deep \"bench strength\" and mining experience commonly seen at comparable miners such as Evolution. \"If shareholder returns have underperformed in a generational gold price bull run, it is worth asking what may occur should the gold price mean revert back towards historical norms,\" Datt says. A former shareholder of <a href=\"https://laohu8.com/S/NSTD.U\">Northern Star</a>, Datt Capital sold its stake shortly after the miner agreed to buy <a href=\"https://laohu8.com/S/DGMLF\">De Grey</a> in late 2024. Datt says he expects any transaction or restructure to take time. Shares are up 11% at A$20.48. (rhiannon.hoyle@wsj.com; @RhiannonHoyle) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  June 01, 2026 22:03 ET (02:03 GMT)\n</p>\n<p>\n  Copyright (c) 2026 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7104","symbol_name":"黄金","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2640996129","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2640996129","pubTimestamp":1780365780,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0203 GMT - Datt Capital's chief investment officer says it's good to see activist Elliott on Northern Star's register. Emanuel Datt says Northern Star's board, while \"collectively well-credentialed,\" lack the deep \"bench strength\" and mining experience commonly seen at comparable miners such as Evolution. \"If shareholder returns have underperformed in a generational gold price bull run, it is worth asking what may occur should the gold price mean revert back towards historical norms,\" Datt says. A former shareholder of Northern Star, Datt Capital sold its stake shortly after the miner agreed to buy De Grey in late 2024. Datt says he expects any transaction or restructure to take time. Shares are up 11% at A$20.48. ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7104":"黄金","NST.AU":"NORTHERN STAR RESOURCES LTD","BK7506":"金矿股"},"translate_title":"前股东表示，埃利奥特对北极星变革的愿望是合理的——市场谈话","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"NST.AU":0.9},"content_text":"0203 GMT - Datt Capital's chief investment officer says it's good to see activist Elliott on Northern Star's register. Emanuel Datt says Northern Star's board, while \"collectively well-credentialed,\" lack the deep \"bench strength\" and mining experience commonly seen at comparable miners such as Evolution. \"If shareholder returns have underperformed in a generational gold price bull run, it is worth asking what may occur should the gold price mean revert back towards historical norms,\" Datt says. A former shareholder of Northern Star, Datt Capital sold its stake shortly after the miner agreed to buy De Grey in late 2024. 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