NTL - New Talisman Mine - New board & Directors

[Clints]

NZX and ASX now equal on 1.9c

[Curly]

Does Aussie know something before NZ? Got to be good buying in NZ then.

[Clints]

I notice there is no chatter about people buying the SPP getting closer to the end date like there was last time. Would be interesting to see the uptake from individual investors (either existing holders or new) and other companies looking for a larger stakeholding.

[Bluemanarc]

I cant see why you would buy them at 2.2 when you can buy quite easily under that price, I wouldn't expect much more than what they already got.
SP will start acting normal once this dreadful drawn out SPP thing is finally over.

[Blue Horseshoe]

If you were a company like Newcrest and you wanted a big stake the price would go through the roof,

This way your cap is only 2.2 cents, bargain.

[Clints]

If you were a company like Newcrest and you wanted a big stake the price would go through the roof,

This way your cap is only 2.2 cents, bargain.

And I wonder if this will happen. Offer the existing shareholders as a sign of loyalty then open to the world. Don't you love speculation

[steveb]

if you also cost in the attached B options to the SP you can effectively reduce the price by .0014,which is not to far away from current trading conditions

[Hawkeye]

So after the SPP concludes should we be expecting the share price to rise? or stay the same? there appear to have been some positive announcements lately.

[steveb]

yes the SPP is actually creating a glut of available shares around the 2c mark,when these become unavailable,the old supply and demand should lift the SP,I am picking 2.7 within a couple of weeks of the SPP closing

[Clints]

yes the SPP is actually creating a glut of available shares around the 2c mark,when these become unavailable,the old supply and demand should lift the SP,I am picking 2.7 within a couple of weeks of the SPP closing

I am picking these staying around 2.2 - 2.3 until we get confirmation in Dec about gold coming out. That is unless there has been a big buy in for some other entity.