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27-01-2021, 01:40 PM
#6741
Last edited by nztx; 27-01-2021 at 01:49 PM.
Reason: add more
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27-01-2021, 01:41 PM
#6742
Originally Posted by nztx
well done .. like a dinner ..
was it a forced sale to have to take sub penny dreadfuls at such a premium
when no-one else thinks they're a premium delight ?
be real interesting to see what the 0.007 is actually buying in terms of value
of real things acquired ..
probably no gold bars in the bucket tho ..
Matt Hill negotiates a deal that values NTL shares at a premium to current market price. nztx manages to see that as a negative.
Again nztx....what is your true motivation here? You can't be that stupid!
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27-01-2021, 01:43 PM
#6743
Originally Posted by nztx
Ask yourself - why would anyone take shares 16-20% above what they could secure them on the market for ?
and certainly - the shares have traded for most of the past 6 months at between 0.004 & 0.006 - mostly 0.005
What's not being disclosed ? not rocket science is it - jonu ?
Gee let me spell it out for you. Talisman gold plus Broken Hill gold makes NTL share price worth more. Mr Rabone clearly sees this....nztx....not so much.
Stupid or malignant?
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27-01-2021, 01:47 PM
#6744
Junior Member
Can someone explain :
Under the terms of the agreement and following the payment of $100K NewTalisman has an initial 90 days Due Diligence period with a further right to extendfor up to 90 days. The deal is subject to Due Diligence by New Talisman and approvalby NZPAM. The Final consideration inclusive of the 100K will be determined uponcompletion of Due diligence and final transaction documents being entered into. Theterms contemplate that any share based consideration will be issue at NZD 0.007cents per share.
So does this mean 100K to get the ball rolling and final cost to be defined and what... new shares issued to cover total cost at 0.007 per share?
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27-01-2021, 01:51 PM
#6745
Originally Posted by Drummer
Can someone explain :
Under the terms of the agreement and following the payment of $100K NewTalisman has an initial 90 days Due Diligence period with a further right to extendfor up to 90 days. The deal is subject to Due Diligence by New Talisman and approvalby NZPAM. The Final consideration inclusive of the 100K will be determined uponcompletion of Due diligence and final transaction documents being entered into. Theterms contemplate that any share based consideration will be issue at NZD 0.007cents per share.
So does this mean 100K to get the ball rolling and final cost to be defined and what... new shares issued to cover total cost at 0.007 per share?
Could be that. Could be a mix of payment options....cash, production...all sorts of things. Some deals have the seller paid in so many ounces of production. Purely speculative on my part.
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27-01-2021, 01:54 PM
#6746
Junior Member
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27-01-2021, 01:55 PM
#6747
Originally Posted by jonu
Gee let me spell it out for you. Talisman gold plus Broken Hill gold makes NTL share price worth more. Mr Rabone clearly sees this....nztx....not so much.
Stupid or malignant?
The Market & all the Joe Investors out there looking in amazement at NTL must be similar by your yardstick too
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27-01-2021, 01:57 PM
#6748
Last edited by nztx; 27-01-2021 at 01:59 PM.
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27-01-2021, 02:00 PM
#6749
Originally Posted by nztx
The Market & all the Joe Investors out there looking in amazement at NTL must be similar by your yardstick too
So far only you appear to find negotiating a deal with a premium to the share price a negative. Stupid or malignant? What's your motivation nztx?
We've had greenies posting here before posing as protectors of investors. You're so determined to present positives as negatives that it doesn't make sense.
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27-01-2021, 02:13 PM
#6750
Member
Look over there.....A SQUIRREL!
And now look over here... ANOTHER SQUIRREL!
Misdirection and the art of a swindler.
"Look here, we're going to pick up a mine in the south pacific with no business plan as to how we're processing it or getting it out, because we cant work out how to process or get gold out of our existing one".
"Now look here again, we're buying a mine 2 hours away from our other mine, which the old owner will sell to us as he cant process it and he'll come on board with us because at least he's managed to get gold out of a mine so we might learn something....can everybody pay him heapsa tin over the next few years while we learn how to do it?"
Pull your money and go to oz...market is going stupid over there. This dribbler needs a beating.
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