NTL - New Talisman Mine - New board & Directors

[Dlownz]

https://www.nzx.com/announcements/366572
I'm watching with interest.
Not a holder. I'm not crazy lol

[Skene]

Wow talk about timing! I need to borrow your crystal ball.

[bucko]

Trading halt here we go...

Of course when a person has no income and isn't looking like they will generate an income in the near future, the smart thing to do is to go spend more money on other things that also produce no income.

Hill > Buffett

[Waltzing]

get your bucket and spade out... it will be all hands to the dig soon...its a conversation thread right?

maybe they can start classes on how to set up a mine...

turn it into a hands on training site or geo studies !

Take students from around the world... when the world is back to being rounded of course..

[Antipodean]

As of 30/09/2020 they had $1,869,706 in cash available.
They expected to have 5 quarters of operational funds remaining effective this point.
So from today, about 4 quarters, 1 year of funds for normal operations remaining.

There are already 2,792,225,363 (2.8 BILLION) shares on issue.

How much are they spending and how will it be paid for...?

[nztx]

As of 30/09/2020 they had $1,869,706 in cash available.
They expected to have 5 quarters of operational funds remaining effective this point.
So from today, about 4 quarters, 1 year of funds for normal operations remaining.

There are already 2,792,225,363 (2.8 BILLION) shares on issue.

How much are they spending and how will it be paid for...?

Exactly ! .. good posting

[nztx]

get your bucket and spade out... it will be all hands to the dig soon...its a conversation thread right?

maybe they can start classes on how to set up a mine...

turn it into a hands on training site or geo studies !

Take students from around the world... when the world is back to being rounded of course..

Maybe the Camp Director needs to be hit over the head with the spade to get him back focused
on what was long supposed to be happening .. ie finding yellow flecks in a large hole ?

[nztx]

The share price already seems to be anticipating what is likely coming up

It wont be gold found & probably wont be good news for stakeholders either ..


It's debatable on where a new Shrink is most needed - as a Corporate Recruit or for any poor unfortunates
thinking of becoming a contributing stakeholder in this ongoing circus of 'there must be gold somewhere' ..

[jonu]

The usual suspects are posting their normal uninformed bull**** as normal.

Appears to me the Strategic Review is kicking into gear. Seems it's damned if they do and damned if they don't with the armchair critics around here.

Remember the massive day of trading a couple of weeks ago? 130 odd million shares through on the ASX alone? Big wheels in motion I reckon.

[nztx]

The usual suspects are posting their normal uninformed bull**** as normal.

Appears to me the Strategic Review is kicking into gear. Seems it's damned if they do and damned if they don't with the armchair critics around here.

Remember the massive day of trading a couple of weeks ago? 130 odd million shares through on the ASX alone? Big wheels in motion I reckon.

Remember that some of the long suffering have had to swallow over 20 years of "bull****" from this outfit .. as well as being hit
regularly in the pocket for next chapters in the saga which yielded very little further of what was being sought .. mostly on glowing expert reports upgraded along lines of almost 'we found it - it just needs to be brought out' ..