NTL - New Talisman Mine - New board & Directors

[jonu]

and likely to remain the same way for another 100 years based on progress so far ..


Around 35 years from start of project .. basically all gold stuff still sitting in hole ?


even the resident snail population moves faster than that ..

So what do you make of the massive days trade? Over $1 million bought up for the hell of it? Carefully hidden purchasing by the look of it.

[nztx]

So what do you make of the massive days trade? Over $1 million bought up for the hell of it? Carefully hidden purchasing by the look of it.

possibly -- there may be a leak somewhere ..

[stoploss]

Is it a chance the acquisition is actually the board purchasing the CEO's "Employment Contract "

[clip]

Maybe another company purchasing NTL for the land/mine, not NTL purchasing something else?

[nztx]

Maybe another company purchasing NTL for the land/mine, not NTL purchasing something else?

they dont own much if any land though -- the Mine is on DOC Land / Reserve - isn't it ?

Office in Auckland is leased too

[Antipodean]

If this is NTL being acquired, rather than NTL acquiring something.
Then I expect the entity doing the acquisition may leverage the current situation to get a very good deal for themselves.
However in that scenario it would be a terrible deal for the current shareholders.

[nztx]

If this is NTL being acquired, rather than NTL acquiring something.
Then I expect the entity doing the acquisition may leverage the current situation to get a very good deal for themselves.
However in that scenario it would be a terrible deal for the current shareholders.

The Board surely not selling the Crystal Jewells - would that not be NTL's ultimate admission of Defeat & Failure at Talisman ?

What of the glowing ever enhancing JORC - which NTL were continually trotting out up to just a year or so back ?

Was this all just B****it to extract more Loot from Stakeholders & nothing more ?

If this is the scenario - then have NTL been straight up in their reporting & keeping the market informed at ALL TIMES ?

[haewai]

The NZX notice was clear:
... a potential acquisition to be made by the company

[Waltzing]

with what money... want the reserves supposed to be used to build a processing plant.

what could they possible be purchasing?

and the show goings on. More acts than a Net Flicks series.

If something doesnt come from this movie then or if it does then Houdini will be put to shame.

[nztx]

Remember this late last year:

https://www.nzx.com/announcements/364819

NTL Acquires Vanuatu Project

https://www.nzx.com/announcements/364819

The new Holiday Getaway resort for tired Board members could be what the latest lot of Hot Air & fluffing about is all about too ..

We already knew that this distraction is potentially bad news for stakeholders anyway ..

The gold seems to flow one way with this company & that doesn't appear to be into Shareholders hands, nor ever has been ..