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07-04-2021, 04:09 PM
#7081
MC I did the same as you managed to get rid of my 4 mil at 6 and 5 still at a loss though,but nothing I can't live with.I invested the proceeds in the Aussie market with gay abandon,thinking was hey nothing can be as bad as NTL,and of course not all have done well but up over 100% so far is not so bad.
I to have some of the options @ 5.5c is this really what Matt thought the SP would be in sept 22? We should have realised then that he was short a few marbles.
I do hope the guys buying at .004 don't get burned to much.and especially to jonu I have enjoyed your embattled position on this stock,and take my hat off to you for sticking to your guns, Bon Chance.
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07-04-2021, 05:51 PM
#7082
Member
Originally Posted by whatsup
What are we expecting from the quarterly at the end of April, more of the same old B S or will there be something different this time Matt ?
At the end of the last cashflow quarter (ended 31/12/2020), there was $1.457m available (4.6), or 4 quarters of funding (8.7). This does not include anything relating to Broken Hill, and what considerations will be made regarding Vanuatu.
There are 2-3 quarters of funds available at current burn, means a CR must be on the horizon unless the mine actually starts selling gold. Would hate to see what a CR would look like at the moment, with 2.8 billion shares on issue at current price of 0.004.
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07-04-2021, 06:34 PM
#7083
Share consolidation on its way, as the next move, or part of the next C R.
1 for 1000 = $4 per share.
Imagine the quandary for the Sharsies folk.
"Oh, I think I'll buy a NTL share today, I'm into gold"
"Oh damn, I've only got $3.80 in my account"!
Imagine all the sub 500 share roundings down of existing shareholders parcels.
Last edited by Getty; 07-04-2021 at 06:43 PM.
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08-04-2021, 03:23 PM
#7084
there is a gold exploration company in AUS called Twenty Seven Co Ltd (TSC on the ASX) share price is currently .006,there seem to be a lot of similarities to NTL with no income and consistent capital raises.
But there is one huge difference the CEO is on half of what Matt gets!!
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08-04-2021, 03:43 PM
#7085
Member
Originally Posted by steveb
there is a gold exploration company in AUS called Twenty Seven Co Ltd (TSC on the ASX) share price is currently .006,there seem to be a lot of similarities to NTL with no income and consistent capital raises.
But there is one huge difference the CEO is on half of what Matt gets!!
And with the 10% salary reduction he took, he's only got to stay 'in the position' (I was going to say 'at work' - jeez, must have been a moment of weakness ) for an extra 5 weeks and he's got the money back anyway. No real sacrifice!!
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08-04-2021, 04:16 PM
#7086
0.3 ¢
(NZD) |
0.1 |
|
25% |
|
08/04 16:06 NZT |
|
Disgraceful.
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08-04-2021, 04:40 PM
#7087
Originally Posted by ThaiJohn
0.3 ¢
(NZD) |
0.1 |
|
25% |
|
08/04 16:06 NZT |
|
Disgraceful.
Wow. Another 25% lower. Someone wanted out.
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08-04-2021, 04:51 PM
#7088
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08-04-2021, 04:56 PM
#7089
Member
Last edited by dubya; 08-04-2021 at 05:03 PM.
Reason: add more
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08-04-2021, 06:39 PM
#7090
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