Originally Posted by
jonu
NTL has enough for about 6 quarters in the bank. That's without any cashflow positive extraction. I have made my views felt strongly to Matt about no CR in the current environment. IMHO he is in agreement and doesn't see the need.
They have opportunities in front of them that won't involve paying for the upscale processing plant. I'm the most optimistic I've been in years with NTL, partly due to the massive and likely sustained lift in the Gold Price. To that extent it's good fortune..literally.
DISC: I have significant skin in the game and have had since 2013, increasing throughout this period and a large uptake in the last SPP. I've got my frustrations with them too, but I'm not some day trader sitting on a few hundred thousand shares throwing rocks....as are some on this forum and HC.