NTL - New Talisman Mine - New board & Directors

[cammo]

This has really been my 1st flutter on the sharemarket - I purchase 4mill shares when they were 1.2 and I have to admit it has been entertaining, since that time (mid Jun) I have also picked up holdings in OCA, THL, MEL, ATM and PIL but nothing so far has come close the emotions generated by NTL. I know it could go either way but what a ride so far

If you think this is good, wait till you get to highly speculative stocks over on the ASX. Its like coro compared to shorty , much more established and bigger audience. Try some lithium or biotech (LCT is getting ready to fire, but you might just be able to put a foot in that door- plus its actually NZ tech with the auckland island piggies) and then see how you like it......Its what we're all here for....Oh that and a return on the way

[Mbro]

I agree with Clints. Hard to see repeated errors in major releases to the market, when people that supposedly have a clue should be having a cursory glance over it before release to NZX:ASX, who should be also subsequently glancing over it to see if it makes sense.
Kind of makes a mockery of the whole thing.

Next thing they will be using txtspeak in announcements and using a possesive adjective in place of a contraction and we will know that the whole thing is really a big nz scam. Another good giveaway is that the facebook, linkedin and google+ links on their website dont work....has anybody checked that??

Company secretary needs to either go back to middle school or download grammarly or some other kind of software that translates neanderthal. It is actually starting to be embarrassing; recommending people look at investing and then some kind of garbled babble that gets redacted the next day comes out.

As someone has already said I'd rather have good keen miners that can't do paperwork well, than greate corporate kings who don't know mining. I was at AGM & think they have a plan. Top three shareholders, including Mr Hill, only control 25% of the company, Board look very good in my opinion, I think they all have more to gain from making NTL a 5c to 10c share than any other motive. Buy junior mining shares, forget the money & spin the wheel, I say...

[Clints]

If you think this is good, wait till you get to highly speculative stocks over on the ASX. Its like coro compared to shorty , much more established and bigger audience. Try some lithium or biotech (LCT is getting ready to fire, but you might just be able to put a foot in that door- plus its actually NZ tech with the auckland island piggies) and then see how you like it......Its what we're all here for....Oh that and a return on the way

Hahaha - funny you mention this, I just brought Galaxy today (it's quite high at the moment but I see potential)

[Flugenbear]

The shortfall placement is similar to what they did last year, and it was quite successful.
This time around I don't expect it be quite so, but let's see, the cutoff date is awhile away and anything can happen up until then.
However I think this placement shows there is no deal in the pipeline with Newcrest, and when Matt Hill said they'd let current holders get first bite, this is what he meant.

[Absolute144]

If the spp had never existed, and the rising sp had caused enough interest into full conversion of NTLOA - the current ~118 million options would have put almost $2.4m in the ntl coffers. Without causing issues for current heads or option holders.

Makes me again wonder if the spp could have been better timed.

Exactly. I was waiting to see if they were gonna screw us with a capital raise (I was suspect after the delays) again or tell the market, " Nope, we are funded for the bulk sampling and have no plans for a capital raise at the moment" I reckon if they did that the price could easy have hit .060 - .080 range.

[jonu]

The shortfall placement is similar to what they did last year, and it was quite successful.
This time around I don't expect it be quite so, but let's see, the cutoff date is awhile away and anything can happen up until then.
However I think this placement shows there is no deal in the pipeline with Newcrest, and when Matt Hill said they'd let current holders get first bite, this is what he meant.

OR....maybe this is part of the deal with Newcrest and they are about to fill their boots at 2.2 cents

[Flugenbear]

I'll be the first to admit it was a very poorly timed capital raise. But they'll hopefully have around 3 million more in cash, and there is still time then for things to settle after the shortfall placement and the options still being in play to raise even more.
It's been a bit messy but at the end of the day the fundamentals have not changed and there is now more money to speed things up. I hope they prioritise where the spend it and get the bulk sampling cranking efficiently as possible. Rahu can wait.

[Yoda]

And when they do throw them out, can they please have them proof read so they don't repeatedly look like muppets.

Like this one again...?
https://www.nzx.com/companies/HGD000...cements/308228

i recon about 150 to 200 people took part to raise. $ 1.7 mil
not many really.
I didn't go for it this time, and was lucky to get in early, last year, and when i saw all the reds come on the screen at 027c i decided to sell most .
i usually wait to long and miss the top, but i think i will buy back some at 018 if it gets there again if there are heaps of green buyers to support . You defiantly have to go with the heard mentality with this one, unless you believe the long term story. I think i will always keep some in, just to keep the adrenaline going unless it looks hopeless , or it begins to stagnate .
i really want this to work .i think it would be great for the underdogs to win

[Mbro]

Exactly. I was waiting to see if they were gonna screw us with a capital raise (I was suspect after the delays) again or tell the market, " Nope, we are funded for the bulk sampling and have no plans for a capital raise at the moment" I reckon if they did that the price could easy have hit .060 - .080 range.

I convert share price to company capitalization. 6 c - on 2 billion shares - gives a company cap of $120m. To get to that level my guess is there needs to be 20,000 oz gold at $600/oz profit going into the bank before punters will pay that. It is all blue sky till there's gold in the mould! NTL is still an explorer with huge grade gold assay & a consent, NOT a miner. The wheel is still spinning in the casino....

[Mbro]

But if the Chinese start trading oil for gold later this year as they may, to cut out the dollar, some guess gold goes to US $13,000/ oz in three years. Just when NTL has gold coming out, and maybe 2m oz reserves deep in Rahu. That works out on the back of an envelope at $1.20/share for 3 billion shares. lol. https://goldsurvivalguide.co.nz/chin...rrency-system/. Junior gold is asymmetric: it can only fall to zero, but can on the other hand go to multiples of purchase price!