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  1. #3021
    Member
    Join Date
    Jun 2011
    Posts
    266

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    Im waiting for "the ore concentrator is already on the boat" announcement because that's what I would be doing...start getting your ducks lined up asap.

  2. #3022
    Senior Member
    Join Date
    Sep 2002
    Posts
    545

    Default

    Quote Originally Posted by Clints View Post
    I wonder if management had any idea this would happen (to this extent)
    Although the SPP is not underwritten, I think we will see a placement to "sophisticated investors" in case they don't reach their $$ target. They have previous form...

  3. #3023
    Banned
    Join Date
    Aug 2017
    Location
    Wellington
    Posts
    446

    Default

    Is there any way the spp can be extended beyond the 22nd? That would be a smart move to get the election out of the way. I suppose when this spp listing date was thought up National were going to romp through, prior to Jacinda jumping in.

  4. #3024
    Advanced Member
    Join Date
    Oct 2012
    Posts
    2,169

    Default

    This takes me back to Heritage Gold days 2001-2002. Lost a bit over $7,000 that time.

  5. #3025
    Member
    Join Date
    May 2013
    Location
    Waihi
    Posts
    209

    Default

    Might see Newcrest sniffing around?.

  6. #3026
    Banned
    Join Date
    Aug 2017
    Location
    Wellington
    Posts
    446

    Default

    We got to have someone sniffing to get that gold out the ground. Gold fever has turned to drown sorrows in a bottle of jim beam fever.

  7. #3027
    Member
    Join Date
    Jan 2013
    Posts
    205

    Default

    This is a very strange notification around exercising options "in the money" etc?

    This is a reminder that your listed options expire on Nov 28, 2017.
    The options are exercisable at A$0.02 per option to convert into shares. NTL
    has determined that it will also accept the New Zealand dollar equivalent
    payment, being $NZ0.02165 per option.
    The options are currently "in the money" and NTL shares have consistently
    traded in the money for several weeks.
    The company currently has a share purchase plan offer underway. NTL
    encourage you to exercise your options, in conjunction with the share
    purchase plan and accordingly to return your option exercise form as soon as
    possible and by 22 September 2017. An early exercise of options will not
    affect any Share Purchase Plan entitlement. If you do not exercise your
    options by 22 September, you can still exercise closer to the expiry date 28
    November.
    Any documentation or payment received after 28 November will not be eligible
    to convert to shares as the option will have expired.
    If you wish to exercise your options please complete the attached form and
    return as directed on the form.

  8. #3028
    Antiquated & irrational t.rexjr's Avatar
    Join Date
    Feb 2017
    Location
    Under the sycamore tree
    Posts
    593

    Default

    November options "in the money' supposedly

    This latest SPP might even alter their 'funded through to 2020' budget

  9. #3029
    Outside thinking.
    Join Date
    Jan 2013
    Posts
    2,563

    Default

    Quote Originally Posted by t.rexjr View Post
    November options "in the money' supposedly

    This latest SPP might even alter their 'funded through to 2020' budget
    Smacks of desperation IMHO. Not impressed. Sold my last NTL today at break even. GLH.

  10. #3030
    Member
    Join Date
    Jul 2017
    Location
    Auckland
    Posts
    241

    Default

    How to shave $20+mil off the value of your company.

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