NTL - New Talisman Mine - New board & Directors

**bullish** · 05-05-2016, 01:26 PM

Originally Posted by Landyman

Did we ever find out why the Rahu extension was rejected by NZP&M?

Who cares?

As it appears they announced they have an HOA they announced same when they said Rahu was declined and again in quarterly.

**jonu** · 05-05-2016, 01:31 PM

Originally Posted by bullish

Rahu awarded to Newcrest NTL JV partner.........here we go!!! see inside resources.....

From what I can tell Newcrest will have to include NTL in some form or other because of the access up the gorge which I believe NTL has the monopoly on.

**jonu** · 05-05-2016, 01:37 PM

Originally Posted by jonu

From what I can tell Newcrest will have to include NTL in some form or other because of the access up the gorge which I believe NTL has the monopoly on.

Bullish, I see you are from Waihi, am I right about this? Geographically access is very constrained?

**bullish** · 05-05-2016, 03:59 PM

Originally Posted by jonu

Bullish, I see you are from Waihi, am I right about this? Geographically access is very constrained?

Not really its open at either side. However NTL mine is the centre of the gold veins proven and mined since lat 1800s. NTL has been working the area since it was heritage 25 years ago so would have the best knowledge particularly on Rahu which it discovered. That in itself if is a huge achievement to have made discovery at Rahu.

Seems they cut an each way deal as I have read all announcements and cant see them stating they signed a new agreement just extended an agreement.

**jonu** · 05-05-2016, 04:08 PM

Originally Posted by bullish

Not really its open at either side. However NTL mine is the centre of the gold veins proven and mined since lat 1800s. NTL has been working the area since it was heritage 25 years ago so would have the best knowledge particularly on Rahu which it discovered. That in itself if is a huge achievement to have made discovery at Rahu.

Seems they cut an each way deal as I have read all announcements and cant see them stating they signed a new agreement just extended an agreement.

Thanks Bullish.

Remembering also that NTL purchased all the historic data of those old workings.

**jonu** · 05-05-2016, 04:48 PM

Originally Posted by jonu

Just traded at 0.9. I suggest a party when it trades at 1, and another when it trades at 2 a week later

And there she blows!!!!!

OK so maybe I was a week out.

**Landyman** · 05-05-2016, 04:52 PM

Hahahah, I like the sell at 20c, ambitious, or someone who knows more than the rest of the market - seems we may all end up in the Forbes rich list for 2016!