Originally Posted by
Motley Crew
As a former and recent Top 20 Holder, I have now completed my exit on the ASX at .004 in recent weeks.
My NZX holding was dispatched in September 2020.
I joined the Top 20 after a phonecall to Matt Hill a few years ago, on the basis of a pack of lies and assurances of NTL's future, and that there would be limited requirement for continuing capital raises until at least 2022, and only once the mine became productive. All that happened was the funds continued to be squandered on an overpaid CEO, and overpaid directors for that matter, and the capital raises continued unabated.
My liberated $AUD funds will now find a much better home after due diligence on their next destination.
Already the $AUD funds 'recovered' from the sale of NTL on the ASX at .006 in October 2020, and applied to another mining venture in Mali are up over 50%. That's the equivalent of an NTL SP of .009 on the ASX. Currently buyers at .003
I continue to hold a miserable number of the 2022 options exercisable at 5.5c.
Good luck with that.
Glad I am all but Out.
Seeing them still listed on my portfolio sheet was like seeing a toxic pollutant floating on pristine waters..........
The clean up job is complete.
A Quick and Liberating Exorcism.