NTL - New Talisman Mine - New board & Directors

[haewai]

In amongst all this jolly back-slapping depth-watching vacuous banter, I'm wondering what the hold up is with the results from the test phase of the pilot plant. Hopefully not bad news.

It is expected that the test phase will be completed by September 2019 ....

[digger]

In amongst all this jolly back-slapping depth-watching vacuous banter, I'm wondering what the hold up is with the results from the test phase of the pilot plant. Hopefully not bad news.

My guess is a holdup for the AGM.. Now your not suppost to do that but an excuse can be found. I would say if it is bad news they would want to get it out before the AGM,as they will not get past the AGM without a scream and hollor otherwise.
But just my thoinking with nothing to go on.

[Ltw]

In amongst all this jolly back-slapping depth-watching vacuous banter, I'm wondering what the hold up is with the results from the test phase of the pilot plant. Hopefully not bad news.

They are busy finalising the results from the short fall offer is my guess.
Has anyone had their shares from the short fall added to their account yet?

[Lion]

Has anyone had their shares from the short fall added to their account yet?

Not yet, just checked.
Although today's trading started and finished on 0.9c, almost all the trading was at 0.8
The Volume Weighted Average Price (VWAP) was only a whisker above .8 at 0.807

[Ltw]

Still nothing today on short fall. I have emailed them not long ago to ask for an update

[Lion]

Still nothing today on short fall. I have emailed them not long ago to ask for an update

Let us all know what you learn please, Ltw?

I must say I'd been expecting more positive sp movements this week.

I'm trying to find a reason. Have some people bought cheap in the SPP and now taking a quick profit?
(They could do this without risking the 1 for 5 bonus shares in a year, either because they already held some, or maybe the year doesn't start until the SPP shares are allocated)

New sellers keep turning up on the sell at 0.9 and the buyers at 0.8 are getting thin.

To me, it seems NTL is right on the cusp of finally delivering. The SP has been at 1.9 (maybe even 2.0 briefly) in the last year, and since then, the price of gold has risen substantially and production has got much closer. It's got me scratching my head about why the SP is not higher. Any thoughts, anyone??

Never mind, I'm fully loaded, ever-hopeful and looking forward to good assay results and the first lump of shiny gold stamped with NTL!

[blackcap]

well for starters you can buy them on the ASX for 0.8 cents so you would be foolish to buy them here for 0.9 cents.

So its quite possible that the sellers keep appearing at 0.9 as when they sell they can buy for 0.8 on the ASX (about 0.855 accounting for x-change rate) and make a quick arbitrage profit.

Other than that the usual story I guess. This thing has been going on for over 20 years in a variety of forms and has yet to deliver. Maybe the market is getting tired of repeated capital raisings and name changes.

[Brain]

I wouldn’t expect any buying pressure from NZ for a while. The NZ punters could have purchased all they wanted during the SPP at a much lower price.

Most days the volume being transacted is very small $ wise.

[haewai]

There is still a lot of risk. For starters, will the pilot plant work, and what will it cost to scale? What regulatory problems are there going to be interpreting "no new mines" and gaining full mining consent? Etc

[haewai]

Check your registry accounts. My new issue is showing. No scaling.