NTL - New Talisman Mine - New board & Directors

[nztx]

I just checked the covid wage subsidy,and it looks like they have not claimed,surely you can still claim if you are losing money.

The prime minister only gets 56k more than matt,but if you take off the 47k cut she is volunteering its about the same

Difficult to see a 30% Revenue or perceived expected reduction with this one

may be the reason why they haven't claimed the subsidy

[Brain]

The quarterly report should be out at the end of this month. If NTL haven’t made progress then the shareholders are going to be angry and quite rightly so. My guess is less than 100 shareholders other than the Hills control this company so the shareholders do potentially have a lot of power if they were to organise themselves.

Gold now at $2900/oz

[clip]

Difficult to see a 30% Revenue or perceived expected reduction with this one

may be the reason why they haven't claimed the subsidy

They probably know revenue will increase with the next cap raising.. lol

[Ltw]

My first post had a error sorry - so I'll repost.
Thought I'd share a little research.
The below information gives the differences between year end march 2019
vs year end march 2020.

For the year end March 2020:
Top 5 shareholders
Total of the 5 increased share holdings by: 172,880,640 shares
Top 5 Increased share holdings by 15%
New holders added to the top 5 2
Increased holding 4 (includes 2 new)
1 holder decreased by -10,181,819
Top 5 control 22.5%
Top 5 total shares 603,968,227

Top 20 Shareholders
Total of 20 Increased holding by: 166,658,724 shares
3 holders total decreased -25,321,816 shares
Increase of 18%
New holders to the top 20 4
Increased holding 9
Decreased Holding 3
No Change 8
Top 20 control 37%
Top 20 total shares 1,001,828,531

Notes:
In 2019 Matthew H. was 4th in 2020 he is now 6^th
If these increases were part of the SPP it was a $1.125m increase in investment. The mine can't be looking to bad!
Interestingly I increased my investment by a similar % I hope it was a good decision, certainly makes you feel better when others who have a lot more skin in the game increased done the same thing

I know its like watching paint dry at times waiting for updates but each update will carry a cost and as long as money been used is adding value I'm Ok with that.
I believe we are seeing that be it slow things are progressing.

How many times have you heard of company's
Rushing to buy something that doesn't work
Buying something it because it was the cheapest and not fit for purpose
rushing to get a document out that's not worth the paper is written on
These are all very common mistakes that waste a lot of company money

Given that the top holders are increasing there holdings, (and I'm sure they are keeping the pressure on Matt and the team) and the price of Gold continues to rise with no end in sight wouldn't you think this is a good indicator??

[Ltw]

Gold.PNG
Price of Gold as @ 9am this morning getting closer and closer to 3k

[Landyman]

Seems AIR (AirNZ) found their own gold mine today, share price rocketing!!

[dubya]

I guess someone was reading yesterday's posts on this thread!!

https://www.nzx.com/announcements/351851

[haewai]

Have to take their word on it, but given the lock-down didn't happen until the end of the quarter, I find this excuse a bit average:

As you would be aware the resource estimate review by AMC was due to be delivered Q1 2020, however the impact of COVID-19 has delayed the delivery of the final JORC 2012 review. We now expect this to be delivered by the end of April 2020

Plus only "initial progress" in the resource consent application

No mention of stopping sample processing at the pilot plant, so I assume that just isn't happening

And I'll need to review how long they've been:

finalising the process route at the pilot plant to provide the technical information to allow completion of the design for the larger plant and its construction

[Landyman]

Will be COVID 23 before we see any progress!!

[nztx]

Seems AIR (AirNZ) found their own gold mine today, share price rocketing!!

Who knows .. gold might be unearthed with AIR faster than NTL .. lol