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13-01-2021, 06:32 AM
#6591
Last edited by nztx; 13-01-2021 at 06:38 AM.
Reason: add more
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13-01-2021, 08:41 AM
#6592
I tend to agree with above.
Ive been with HGD/NTL for 10+ years, bought in, sold out, and currently sitting on the sidelines wondering if I will ever get in again.
There has been many capital raises, quite a few promises. From my memory (happy to be proven wrong), nearly all teh capital raises have come along with the "golden glow" of some good news - resource estimate increases, Rahu, Mystery Veins, now Vanuatu.
From my cynical view, with no progress on the actual mine, and money slowly (think they have a years worth left???) depleting, what good news can Matt give us? A new carrot - Vanuatu - Im not even going to call it golden carrot, seems a little optimistic.
DYOR - all the promises, well, I just dont believe. When we see some progress in extraction and processing options I will buy back in - likely I will have missed the initial surge in price, but will be a safer bet.
For newbies, I understand from others here that the FMA is yet to finalise their view on "Bullish" comments - were the neutral, was it info that was already in the market place - not sure.
In reference back to capital raise, it was Bullish himself who posted to see what the average cash balance was to see when the CR will be required - sarcasm, it seems that Matt likes to make sure he has at least 2 years of salary locked away in the company coffers!!!
Will remain a cynic until we see some tangible progress.
Last edited by Landyman; 13-01-2021 at 08:42 AM.
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14-01-2021, 06:04 PM
#6593
Member
Originally Posted by nztx
But NTL have just responded to their ASX Speeding Ticket
They know of no factors for any Aussie price jack-ups ..
Maybe there have been some Chinese Rumours on some unknown forum
about a mysterious golden glow alleged to be coming off the NTL Site Long Drop ?
Spend a penny Lose most of a penny with NTL .. as many have already repeatedly suffered it seems ..
Yep the only admission so far, to admitting, that their is no hope for the company.
They openly now admit they see no reason for the shares to be worth anything.
Great.
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15-01-2021, 06:45 AM
#6594
Answer your phone Matt. I can see you hiding behind the curtain in your Greenlane home.
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15-01-2021, 07:20 AM
#6595
Originally Posted by ThaiJohn
Answer your phone Matt. I can see you hiding behind the curtain in your Greenlane home.
Disturbing.
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15-01-2021, 02:42 PM
#6596
Originally Posted by jonu
Disturbing.
Not as disturbing as NTL's share price and company direction.
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15-01-2021, 03:57 PM
#6597
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15-01-2021, 04:29 PM
#6598
Last edited by nztx; 15-01-2021 at 04:31 PM.
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15-01-2021, 04:58 PM
#6599
Company Profile:
NTL (Nothing Tangible Located) to date
Major Activities over the past 20 Years
1. Explore Holes in ground alleged to be old producing gold shafts
2. Decipher the colour of Rocks in varying shades of light to determine extent of shafting
3. Exit Hole when purse runs low
4. Feed Stakeholders feel good stories on length of walk underground to view colour in shafts
5. Tap Stakeholders for contributions to keep Company Office Open, Staff Employed, Resident Spin
Artists and Experts in Colours in Clover & see if any new colours can be found at bottom of hole
6. Repeat Steps above
Major Source of Revenue over past 20 years:
Shareholders tapped on shoulder for further Contributions
Tangible Desired Product produced over past 20 years:
Near on Nothing
Emissions Credits:
None claimed or gained for all the Hot Air emitted along the way
Anything missed ?
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15-01-2021, 05:16 PM
#6600
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