No the JV wasn't established. I see your point, maybe NTL got Rahu back for nothing.
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That would be good because the price paid for Rahu has made me very wary of the share.
Probably the same for others and has probably been a major drag on the share price.
Does anyone want to hazard a guess as to what the SP ends up today?
Cashflow Report
30/10/2017, 4:53 pm GENERAL
APPENDIX 11 (Rule10.8.4)
10. ISSUED AND QUOTED SECURITIES AT END OF CURRENT QUARTER
Category of Securities Number Issued Number Quoted Paid-Up Value Cents
PREFERENCE SHARES Nil Nil
ORDINARY SHARES
2,157,271,250 2,157,271,250
SHARES
Issued during current
quarter: Nil Nil
CONVERTIBLE NOTES: Nil Nil
Issued during current quarter Nil Nil
OPTIONS:
Exercise Price / Expiry Date
Quoted 118,530,578
Haha, thats one hell of a lot of shares.. !:eek2:
Its just the way it has been formatted by the NZX SITE.,....."
Yoda that is the current and previous quarter for comparison
Why, wh..............y, WHY are they taking junkits to Fiji, Venuatu the bloody 18-30 contiki bus tours around Europe!!! to look for new mines. Who goes on these junkits? Are wives, kids, fishing buddies included? Really leaves a nasty taste in the mouth raising funds via spp then to read that in the quarterlies. WTF they have two mines on the go ready for gold to come out whats with the all expense paid holidays courtesy of shareholders!
I could just be blowing off because I ran our of milk for my cereal. But as a shareholder, how can I get details of what they did on these trips, expenses, who went, what they found out, check out their phones for holiday snaps? Just smacks as a stupid waste of time and our money.
I understand Jonu's comment re the SP and next year. What I struggle with a bit (and it maybe due to me being new), management talk in the announcements about the SP going up xxx% and reaching 3.1c - then they completely scuppered it and shaved 42% off it practically overnight.
I'm guessing a low of around 1.3-1.4, settling in the 1.5/1.6 range.