NTL - New Talisman Mine - New board & Directors

[youngatheart]

Gold Diggers Retirement Village....

[Getty]

Its a bit of digging & movement on the goldfield, that the shareholders are expecting

[Getty]

Reconnaissance and discussion with 'in the know' locals reach's a consensus that gold HAS been extracted this year from NTL.

Which begs the question, whose bank account has benefitted?

Who was the person recently seen surreptitiously sneaking out of the Tauranga Gold Exchange?

Quarterly cashflow statements for last 12 months show NIL product sales.

It is a Mystery isn't it, Is it all in vain?
'

[Ltw]

Pretty big accusation there Getty.
Would be very interested in knowing more.

[Getty]

No need for capital raise or any further delay.
I've costed the price to get 26 tonne per container, picked up from the mine by swinglifter, to port of Tauranga, and off loaded in Brisbane at $3350 all inclusive.

From what I'm lead to believe, we are already at the ore face.

If you simply Bobcat the 15g/tonne RAW ore out the shaft and into the container, and ship it to Australia for processing, then 26t x 15 g =390g =13.755 ounces x US$1900oz = US$26134.50 =NZ$39201 - $3350 less internal Aust transport, less processing, NZ admin and extraction = CASHflow to shareholders.
NO capex required.

If we have sufficient amounts of concentrate @ 800g/t that needs further processing, then the above exercise would gross a mere $2074800 per container.

Conversion may not be optimim compared to a custom built plant, but ask yourself a pragmatic question, do you want 9/10ths of something, or 10/10ths of nothing, like you have now?
Obviously, cash generated could pay for NZ based facility later.

Another yr of Matts salary would pay freight on 120 containers.

Enough of unready, unsteady, just GO!!!!!!

After much more research, and scoping out the site, I can see no reason why this mine was not advanced to full speed ahead a long time ago.
Even using old fashioned stamping, and recirculating a single truck load of water to wash, would give sufficient separation to make the above viable, using 20 foot containers, rather than 40'.
Using a centrifuge as per pilot plant, much better still.

Mining's been around as long as the worlds oldest profession, & even shares some of the same skill set.
Its not rocket science.
Both are legitimate, so why all the secrecy?

A travesty has been perpetrated on the shareholders.

The Perth Mint is awaiting...

[nztx]

Reconnaissance and discussion with 'in the know' locals reach's a consensus that gold HAS been extracted this year from NTL.

Which begs the question, whose bank account has benefitted?

Who was the person recently seen surreptitiously sneaking out of the Tauranga Gold Exchange?

Quarterly cashflow statements for last 12 months show NIL product sales.

It is a Mystery isn't it, Is it all in vain?
'

Hey come on - perhaps someone decided that a peep at what the Real Stuff looked like was needed

Can't be seen to have the production bods onsite stumbling on Fools Gold and thinking it was the Real McCoy Stuff..

That aside - will there be another large NTL hand outstretched for more Fool's Gold to pay for the exercise
in staff learning & knowledge enhancement to find out what the real McCoy & the imitation stuff looks like ?

[ThaiJohn]

Time is up on this mutt. No more CR's.
Where's the gold Mr Hill ??

[swissboy]

it's too quite for too long ???????

[dubya]

it's too quite for too long ???????

That's how they like it swissboy. Nothing happening but management can keep drawing their wages. It's called a 'sinecure' salary

[Baa_Baa]

it's too quite for too long ???????

Bravo you figured it out. Big promise, big silence, oops, she’ll be right, cap raising. Rinse repeat... 20 years. Some are slow learners, the opportunity cost and dilution holding this dog is eye watering. It’s an embarrassment, not just in itself, but also to the NZX.