NTL - New Talisman Mine - New board & Directors

[Getty]

In a perverse way, all the delays in preparation and proving resources, could work to the benefit of patient shareholders.
The price of gold now, unhedged, and compared to historic, means ASIC and other fundamentals should be better
I think its got to the point where if the ore is toll treated off site by a 3rd party, without capex, even if optimin conversion rates are not achieved, the pay back will be good, and the tailings could be kept aside for retreatment if deemed economic, by the specialist Mark 2 pilot plant funded by the toll treatment.

[jonu]

can someone please explain "Impairment of Prospecting Costs 2,757,313 "? I have not seen this before. I did see it relates to land access?

I'm assuming it is some sort of book entry....if it was something material to the company around access it would have had to be announced.

[jonu]

In a perverse way, all the delays in preparation and proving resources, could work to the benefit of patient shareholders.
The price of gold now, unhedged, and compared to historic, means ASIC and other fundamentals should be better
I think its got to the point where if the ore is toll treated off site by a 3rd party, without capex, even if optimin conversion rates are not achieved, the pay back will be good, and the tailings could be kept aside for retreatment if deemed economic, by the specialist Mark 2 pilot plant funded by the toll treatment.

Agreed Getty. The rampant POG has fallen in our laps. Despite people's misgivings around management the massive growth in value of the JORC can't be denied.

[haewai]

can someone please explain "Impairment of Prospecting Costs 2,757,313 "? I have not seen this before. I did see it relates to land access?

Rahu presumably.

[whatsup]

Any idea when and where the excuse forum will be held this year ?

[Brain]

Any idea when and where the excuse forum will be held this year ?

By video conference or in other words in the cloud. This way they do not have to eyeball their disgruntled shareholders.

[whatsup]

jonu, C R now getting priced in today, .006 buy ----- .007 sell !!

Based on the current S P price what are S Hers guess that the impending C R will be priced at ?

My guess is .0045 per share.

[Landyman]

Based on the current S P price what are S Hers guess that the impending C R will be priced at ?

My guess is .0045 per share.

Usually weighted average from the past month (or 2), then discounted. Be interesting to see if todays fall continues, flat-lines or recovers.

[jonu]

Based on the current S P price what are S Hers guess that the impending C R will be priced at ?

My guess is .0045 per share.

What impending C R? Your motivation is becoming very clear. Down ramp to lower your average.

[whatsup]

1 / 5 loyalty bonus share kicked in on 26/6/20 for all S Hers who still hold the shares that they subscribed for re the SPP.