NTL - New Talisman Mine - New board & Directors

[Kay]

I was thinking more along daily operational cost rather than progressing at a faster rate

Costs that may be increasing after the acquisition of rahu?

Ntl were quite clear about their intentions for the money raised as part of the SPP.

I would be interested to know how they are funding the rahu acquisition if anyone is aware?

[Antipodean]

Note the change in wording for the shortfall offer compared to the initial spp. The funds are now also to be applied to Rahu in some form:

https://www.nzx.com/companies/NTL/announcements/308164
"Funds raised will be applied to the acceleration of Talisman and accelerating the program at Rahu for which the company has sighted and will soon be commencing the drill target at Rahu."

Emphasis mine.

[Bluemanarc]

The issue is that they don't really give a **** about the short term SP fluctuations or what the market thinks about them.
They are just plodding along trying to get more funding to ramp up production because they really want that gold out as fast as they can.
But they are doing it in such a silly way that they are shooting themselves in the foot too.

Gold Fever

They wouldn't be expanding operations though if they weren't finding any gold.

Looks to me though, that a lot of selling was lined up in the days before this announcement, to me it looks like people knew about the announcement today.

Big rally's at 1.8c though.

I would think some have sold at 2.3 and 2.2 and 2.1 and are now buying back at 1.8c

[Kay]

The issue is that they don't really give a **** about the short term SP fluctuations or what the market thinks about them.
They are just plodding along trying to get more funding to ramp up production because they really want that gold out as fast as they can.
But they are doing it in such a silly way that they are shooting themselves in the foot too.

Gold Fever

They wouldn't be expanding operations though if they weren't finding any gold.

Looks to me though, that a lot of selling was lined up in the days before this announcement, to me it looks like people knew about the announcement today.

Big rally's at 1.8c though.

I would think some have sold at 2.3 and 2.2 and 2.1 and are now buying back at 1.8c

Well if they don't give a **** about what the market thinks about them they should stop asking it for money!

Every annoucement brings surprises and misdirection...Id be surprised if anybody has any trust in them.

[HumptyDumpty]

Some of you guys are gonna burn yourselves out panicking over the SP at this stage. We are still pre-bulk sampling! If you believe, quietly accumulate (disc: just my opinion), otherwise join the headless chicken show! Good luck all.

[Clints]

It appears Mr Hill has brought his allocation

https://www.nzx.com/companies/NTL/announcements/308218

[see weed]

Some of you guys are gonna burn yourselves out panicking over the SP at this stage. We are still pre-bulk sampling! If you believe, quietly accumulate (disc: just my opinion), otherwise join the headless chicken show! Good luck all.

Well I'm all out now. Was only in for 5 weeks....1.8mill. Gone back to divi stocks. Made a loss but will put it down to a donation towards the good cause. Funny, made a similar loss with heritage gold about 16 year ago. Good luck to holders.

[Beagle]

Well I'm all out now. Was only in for 5 weeks....1.8mill. Gone back to divi stocks. Made a loss but will put it down to a donation towards the good cause. Funny, made a similar loss with heritage gold about 16 year ago. Good luck to holders.

I would have thought a man of your experience would have known not to dabble with penny dreadful's mate. Its a funny thing, every five or so years one feels tempted to go back and have a flutter on something they know is more than likely to burn them, my very occasional weakness is visiting Sky City. A den on iniquity it surely is just like my Dad told me, but every five years or so I head in for a flutter to confirm you can't win, I know I won't win and probably at a core level don't in fact want to win but do it from time to time nonetheless...not sure why I do it...suppose others weakness is on poorly funded miners hoping to hit the jackpot just like I do at the Casino lol
Interesting thing, human psychology isn't it mate

[see weed]

I would have thought a man of your experience would have known not to dabble with penny dreadful's mate. Its a funny thing, every five or so years one feels tempted to go back and have a flutter on something they know is more than likely to burn them, my very occasional weakness is visiting Sky City. A den on iniquity it surely is just like my Dad told me, but every five years or so I head in for a flutter to confirm you can't win, I know I won't win and probably at a core level don't in fact want to win but do it from time to time nonetheless...not sure why I do it...suppose others weakness is on poorly funded miners hoping to hit the jackpot just like I do at the Casino lol
Interesting thing, human psychology isn't it mate

Yeah, I also have a gambling problem with those poker machines since way back from 1974, but it's all fun. Having another gamble now with nzo at the moment.

[Antipodean]

Speculative stocks are not for the faint of heart, or the short term investor (despite needing short term attention).

I wouldn't call ntl a poorly funded miner, on the contrary there are plenty of funds in the bank. To me, the question now is - are the further funds worth the fast pacing of the next steps in the process. Opinions vary.