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  1. #9361
    Senior Member
    Join Date
    Nov 2009
    Location
    Super Rugby champion country
    Posts
    751

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    Glass half full - things are close, and having Terra Firma effectively invested too means it promising
    Glass half empty - Jonu (and previously Matt Hill) are the only people to get a return from NTL over previous years via salary.

    Jonu has plenty of skin in the game though, given his number of shares.

    Another CR will hurt, but it feels close - still a gamble, DYOR!

  2. #9362
    ****
    Join Date
    May 2013
    Location
    NZ
    Posts
    4,649

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    Quote Originally Posted by Landyman View Post
    Glass half full - things are close, and having Terra Firma effectively invested too means it promising
    Glass half empty - Jonu (and previously Matt Hill) are the only people to get a return from NTL over previous years via salary.

    Jonu has plenty of skin in the game though, given his number of shares.

    Another CR will hurt, but it feels close - still a gamble, DYOR!
    Unfortunately I see the outcome as binary.
    The DOC access I think will be granted but that's pointless if they don't have somewhere to process the concentrate.

    As I have mentioned before the tiny tonnage isn't worth most considering toll treatment.
    If they are lucky they can find a plant that they can blend the concentrate in with an existing operations process. But then the estimate of contained gold becomes an issue and if I'm the toll treater then it's going to be a conservative estimate on the contained gold & recoveries.

    But it's all about finding someone that is worthwhile for them doing the toll treatment.

    Good luck to all.
    Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.

  3. #9363
    Senior Member
    Join Date
    Jan 2003
    Location
    london, , United Kingdom.
    Posts
    1,074

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    Maybe DOC wants to see the business plan too. It would not be unreasonable for them to have to sign off on the earth and elements once they are out of the mine aswell.

  4. #9364
    Junior Member
    Join Date
    Sep 2017
    Posts
    6

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    Quote Originally Posted by Toddy View Post
    Maybe DOC wants to see the business plan too. It would not be unreasonable for them to have to sign off on the earth and elements once they are out of the mine aswell.

    Plenty of old mine tunnels and shafts to fill.

  5. #9365
    Junior Member
    Join Date
    Aug 2020
    Posts
    8

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    Well govts DO actually get there. Glacial pace but NT govt has just signed off on helium deal. Obv not DOC situation but have take some heart from it.

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