http://www.nzherald.co.nz/nz/news/ar...ectid=11683323
Hope the driver is ok.
This could effect the red tape for reopening the mine.
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http://www.nzherald.co.nz/nz/news/ar...ectid=11683323
Hope the driver is ok.
This could effect the red tape for reopening the mine.
Sadly he is not (http://www.stuff.co.nz/business/indu...miner-in-waihi)
However NTL has all permits already - unsure how this could affect re opening.
Have just put in my funds and application for the shortfall. Could only muster another 1500000 shares (all cashflow would allow:( )
Me too....18000000...
I have faith!
Just emailed my form away too, another top up to my holding. The company should be in a really strong position now to go ahead with the mine development without any cash issues, hopefully the bulk sampling program will bring some good news and rewards for us holders who have put in the cash.
Yes true, PT
I'm not kidding myself, I know it's a risky investment, no doubt about that.
But I think the risks are less than before. Namely:
- Consents mostly in place
- Finally a reasonable amount of cash on hand to get things underway
Also the fact the CEO took up his full entitlement at the last capital raising was positive. That represented 1 years salary what NTL pay him.
Other positives:
- Binding agreement with Newcrest over Rahu
- MOU with Amer - although we have no idea what this might lead to, I think it's only a positive thing.
And still the capital raising is pretty much at an all time low...
I'm pretty new into NTL but have watched from the sidelines for awhile, and I think things are about as positive as they ever have been.
Best of luck to all holding....with this type of investment you need some.
According to one of the posts on HotCopper we're just waiting for the world's financial markets to meltdown (If likely) and AMER has foreseen this coming a long time ago, hence they want such a large stake now before everybody else rushes to gold and junior gold stocks.
Can someone explain to me directions on how to reach the mine entrance from the Karangahake car park???
Don't mind a bit of a trek as heard the road is still quite rough... Thinking of going for a weekend drive next week when in Auckland and hopefully grab some snaps
Thanks