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30-04-2024, 02:57 PM
#9361
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!
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30-04-2024, 04:08 PM
#9362
Originally Posted by Landyman
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.
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30-04-2024, 04:22 PM
#9363
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.
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30-04-2024, 04:36 PM
#9364
Junior Member
Originally Posted by Toddy
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.
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30-04-2024, 04:59 PM
#9365
Junior Member
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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03-05-2024, 11:56 AM
#9366
Today NTL has applied for the fast track legislation to get things moving, well done, let it happen as it should.
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03-05-2024, 12:49 PM
#9367
Wonder what that says about likelihood of DOC approval under current process.
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03-05-2024, 02:44 PM
#9368
Originally Posted by haewai
Wonder what that says about likelihood of DOC approval under current process.
Not much I would say.
It's all very odd to me.
I hope the company is being fully transparent with its shareholders.
Not sure how NTL qualifies as 'significant' either.
If it was just a bureaucratic hold up, surely the the chat to Shane Jones or the Minister would have been enough.
I got out again a few days ago for a small profit.
It's dragged on for a year & the updates have been generally information light.
As I have said before.
What has NTL actually achieved in a year?
Far better places for my money.
Last edited by Daytr; 03-05-2024 at 03:55 PM.
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03-05-2024, 06:48 PM
#9369
Well nothing to lose by applying to be fast tracked, because if they wait till June and DOC decides otherwise then it'll be the plan anyway.
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03-05-2024, 07:00 PM
#9370
Originally Posted by silverblizzard888
Well nothing to lose by applying to be fast tracked, because if they wait till June and DOC decides otherwise then it'll be the plan anyway.
Yep fair comment.
Why do you say June?
They still need to find somewhere to treat the concentrate.
Anyway good luck.
Hopefully you find my posts helpful, but in no way should they be construed as advice. Make your own decision.
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