They need to stop slapping Price Sensitive on all these operational announcements, that would help...
I remember a few months back (before SPP) they announced that they had made good progress on getting connections in the mine, it wasn't anything spectacular just an update and the SP went up about 5 points from it so from that point it was technically price sensitive, but at the moment they could come out saying the have found a gold nugget the size of a house and we'd still be at 2.2c at best.
Sorry for my frustrated sentiments but I did enjoy the ride pre SPP.
I remember a few months back (before SPP) they announced that they had made good progress on getting connections in the mine, it wasn't anything spectacular just an update and the SP went up about 5 points from it so from that point it was technically price sensitive, but at the moment they could come out saying the have found a gold nugget the size of a house and we'd still be at 2.2c at best.
Sorry for my frustrated sentiments but I did enjoy the ride pre SPP.
They've also gone from almost exclusively just releasing quarterlies to constant updates. Screams of desperation and the same hunger all the shareholders are feeling - SP please RISE! ^
good to get some information but I doubt whether it will affect the SP much at this point. I think NTL is a waiting game. Even though I am running at a loss on this at the mo, I am seriously considering ditching and moving my money to SGC:ASX as they seem much more poised to make some real money soon. Well at least I hope so
They need to stop slapping Price Sensitive on all these operational announcements, that would help...
The NZX decides if each announcement is price sensitive, not NTL.
Originally Posted by ddrone
They've also gone from almost exclusively just releasing quarterlies to constant updates. Screams of desperation and the same hunger all the shareholders are feeling - SP please RISE! ^
When they were only releasing quarterlies, everyone was dying for more information (including myself). Seems a bit unfair to now criticise for release too much information? I'd much rather NTL be in the latter catagory, the more updates the better please!
This is a very good announcement. Looking forward to more in the future.
Originally Posted by HumptyDumpty
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