NTL - New Talisman Mine - New board & Directors

[Paint it Black]

Should be. I hope so. As i understand, today was the last day you could renounce your rights. So you either take them up or they lapse.

That's correct if you want to sell your rights but you still have until 5pm this Thursday to confirm your acceptance at 0.5c per share to purchase the rights assigned to you to convert them into ordinary shares.

[jonu]

Where's the downside? There aint one!!!

[Stumpynuts]

Where's the downside? There aint one!!!

This one-liner perhaps the most interesting for me. Well for me anyways.

"If a joint venture is not established 100% of the project would be
transferred to NTL subject to Ministerial consent."

[Meister]

What is in it for Newcrest here? These terms seem very favourable to NTL unless I am misreading this.

[Joshuatree]

Interesting .Right from under Oceania's toes.

[whatsup]

UP 50% so far today to .009, just in time for the rights closing, I guess that this will insure its success , well done all participators .

[gmatt]

Yes, great ........... the Aussies also like the news ............. 42+ million traded on the ASX!!

[Landyman]

Wow, theres some chunky moves on the SP today after that announcement. Aussie running higher than NZ at the mo too.

Fun times

[whatsup]

My concern is what will happen to the S P once these tens of millions of shares from the current issue hit the ownership accounts , will NTL return to the .005 issue price ?

[YoungBuck]

I sent my form off last week and the money via Internet banking. Will I receive a confirmation letter/email?