NTL - New Talisman Mine - New board & Directors

[nztx]

If only Matt & the Team could come up with some more of those In-Specie backdoor jobs
then we may have more to be distracted by, rather than how long is the piece of string
and when will another Cap Raise be attached to the string .. while the POG sails up
& down in the meantime..

[patrick]

To be honest I only have shares in both BLT and NTL (sold everything else last year) so currently I am still in the green and very happy BLT has gone up a hell of a lot and NTL is not moved a lot. Can’t say the same about a number of the so called “safe” shares of late. So for me that hopey, changey thingy is working out bloody well.
Very soon they will issue the bonus shares and I will be even more happy as shares around the place continue to crash.
Then the company release some good news and bingo ��

Please don’t compare with BLT.

[Ltw]

The comparison I was making was the speed a small cap can increase by on becoming profitable.

[Bluemanarc]

There is zero chance in NZ that any industry in NZ will be shut down, anything that employees people will be green lighted.

[youngatheart]

Perhaps you might find gold quicker if you employed this woman...

https://youtu.be/0fyVOd1pNrk

[Chippie]

a golden opportunity to get the full mining consents....


https://www.nzherald.co.nz/nz/news/a...ectid=12321567

"Creating jobs
Meanwhile, ministers Shane Jones, Phil Twyford and David Parker were all looking at how to get the jobless into jobs with "shovel-ready" projects, she said.

Work was also underway looking at how to speed up consents for development and infrastructure projects.

Robertson said a list of projects was being worked on.

The country's GDP could drop by as much as 17 per cent while unemployment could reach double digits, he said.

The prediction of 30 per cent unemployment by some economists was "extreme", and showed how uncertain the future of the economy was.

He said rent relief for commercial businesses was under discussion, and more will be said about that in a couple of days."

I watched Shane Jones on “The AM show” this morning. And although very optimistic, I hope that Matt Hill is working with Shane to cut through the “RMA constipation” and get Terra Firma set up to process the gold with a full mining consent. This would be a great story for the politicians supporting a NZ company to get established and create and number of jobs and tax revenue for the country.

This is all based on hope, but you never know?

[nztx]

I watched Shane Jones on “The AM show” this morning. And although very optimistic, I hope that Matt Hill is working with Shane to cut through the “RMA constipation” and get Terra Firma set up to process the gold with a full mining consent. This would be a great story for the politicians supporting a NZ company to get established and create and number of jobs and tax revenue for the country.

This is all based on hope, but you never know?

May be too hopeful IMO

We have Kelvin Davis sitting in a distant pew in his very own Bubble oblivious to everything going on trying to replan out what
his wish list of future Tourism business may look like in distant future, hopefully & probably long after he's gone

We have Robertson dithering around (probably trying to work out if he's engineered his worst nightmare yet) very oblivious to wholesale businesses falling over (never to return) completely devoid of any clue that there will only be a fraction of non-essential businesses left on the other side and Unemployment heading through the roof and growing as further follow on business follows suit or downsizes..

Expecting such a miracle from SJ sitting outside the 'inner ring of high level attempts at stamping things out' may be simply too much to hope for -- who knows Robertson may have had to pull in hard the strings around SJ's large Slush Fund for more immediate unfolding disaster areas - which Labor have conveniently orchestrated on us all


Discl. Currently Very Minute Holder - severely diluted over the years by the numerous Cap Raises and Repeated HGL/NTL Promises

[haewai]

It's not the RMA slowing NTL

[Chippie]

The ultimate outcome for NTL is to get its full mining operation into production and maximise the returns for all shareholders.

The biggest risk to achieving this outcome is getting RMA approval which will probably be via the environmental court due the power that RMA gives small groups of individuals to challenge and potentially stop the approval.

The last quarterly report stated the following
- “Securing resource consent to enable the Company to extract the maximum possible value from the mines high grade mineral resource over the ten year plus mine life is a high priority.”
and
- ” The planning assessment for resource consent application for the long term mine has been completed and subject matter specialists are being recruited. Once the application is submitted the external stakeholders will determine the timing and pathway to long term consenting for the mine”

Although we all want the bulk sampling to start generating revenue now, the most important factor on making NTL successful for long term shareholders will be the RMA consents for full mining.

So, I honestly hope that Matt is working on this as the priority, this opportunity due to covid-19 could potentially allow NTL to start full mining activities in the next 12 months. This would be even better than starting bulk sampling right now, although I would like that to happen also.

[Ltw]

Fully Agree Chippie
Last communication I had with the company (little while back) the RMA consents for full mining was very much top priority. Would be nice to have an update on this although we will probably have to wait till the end of year report.