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05-12-2017, 04:44 PM
#3631
I like the part in the release that talks of more updates by the 14th December
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05-12-2017, 05:06 PM
#3632
Banned
Those updates would be to do with equipment purchase or what they're doing with Rahu?
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05-12-2017, 05:11 PM
#3633
Junior Member
Originally Posted by jonu
I like the part in the release that talks of more updates by the 14th December
lets hope that it's not like the last time they gave a specific date on an hyped announcement and hit us with the SPP instead.
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05-12-2017, 05:23 PM
#3634
Member
Originally Posted by Jaiden
lets hope that it's not like the last time they gave a specific date on an hyped announcement and hit us with the SPP instead.
or even better a vote to extend the expired options 6 months
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05-12-2017, 05:53 PM
#3635
Life is a lot more fun if you take a positive view. 10c per share by Christmas next year.
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05-12-2017, 05:58 PM
#3636
Originally Posted by wk6332
or even better a vote to extend the expired options 6 months
great news that we might finally be away.That is the only news I wanted to hear--that we are onto gold extraction. Does anything else matter for SP appreciation.
WK6332,I do not think you can favor one class of security over another. The options as I see it expired and that is that. I could be wrong but i believe the company if it needs more money can just issue new options but head shareholder would have to be included. I have experience with NZOG where they did that.
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05-12-2017, 06:11 PM
#3637
Member
Originally Posted by digger
great news that we might finally be away.That is the only news I wanted to hear--that we are onto gold extraction. Does anything else matter for SP appreciation.
WK6332,I do not think you can favor one class of security over another. The options as I see it expired and that is that. I could be wrong but i believe the company if it needs more money can just issue new options but head shareholder would have to be included. I have experience with NZOG where they did that.
As normal there would be no votes for the options and only votes for shares held. shareholders would need to vote on it, if it was ever put up.
I have held options before where it has happened. I see the chance is very low and i am not counting on it.
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05-12-2017, 06:51 PM
#3638
Member
I'd certainly vote against it...Why should an options holder be given an extension? A positive announcement occurs following the end of their contract and they'd expect an extension...it's a ridiculous concept
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05-12-2017, 07:46 PM
#3639
Junior Member
I agree there should not be an extension ( and I have ntloa options). The question is why didn’t this announcement come out last week or better yet 10 days ago. NTL could have used the additional capital. It certainly would have help fund additional inforstructure. We need the gold to start flowing and a processing plan on place to put real numbers around the value of the mine now
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05-12-2017, 08:17 PM
#3640
Originally Posted by Putrimacan
). The question is why didn’t this announcement come out last week or better yet 10 days ago.w
That would be illegal and directors would be liable.
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