NTL - New Talisman Mine - New board & Directors

[Brain]

Yes I should of made that clearer. The Dubbo collapse was historical and nothing to do with the mining contractor or The mining engineer. I was an enthusiastic investor prior to and during the mine rehabilitation phase because at that time NTL seemed to be making very real progress.My only criticism at the time was no effort with regard to public relations and engagement with politicians. Any reasonable person could see that this mine would have next to no effect on the environment and it was my hope that a highly profitable NTL would be able to enhance the environment and add to the prosperity of the local community and be a good corporate citizen. I was expecting to make a fair bit of dosh from it too of course.

The above was in reply to Paint it Blacks comments #8137 I missed the reply with quote button

[Paint it Black]

Yes I should of made that clearer. The Dubbo collapse was historical and nothing to do with the mining contractor or The mining engineer. I was an enthusiastic investor prior to and during the mine rehabilitation phase because at that time NTL seemed to be making very real progress.My only criticism at the time was no effort with regard to public relations and engagement with politicians. Any reasonable person could see that this mine would have next to no effect on the environment and it was my hope that a highly profitable NTL would be able to enhance the environment and add to the prosperity of the local community and be a good corporate citizen. I was expecting to make a fair bit of dosh from it too of course.

The above was in reply to Paint it Blacks comments #8137 I missed the reply with quote button

Cheers Brain for confirming the collapse was historical. I believe we are like minded with the need for NTL to engage with and add to the prosperity of the local community with green mining practice in hand with restoring and preserving the areas mining heritage. Unlike the obviously commercial Waihi open cast mine Talisman has an immense opportunity to provide a win win. It would be great to have more local shareholders to provide their voice to how the mine is developed. There will always be the radicals but hopefully in time they will also see the community benefits NTL can deliver.

[swissboy]

NTL Purchases yesterday over $25000 and today $48000 what gives ?

[swissboy]

Should have said on the ASX and also today over $84000

[nztx]

Should we take insurance out on this one -- the man from Tower is at the table isn't he ?

Let's hope our tower of imaginary difficult gold alleged to be lurking down that dark mine doesn't get blown over
or washed out to sea in a fierce Coromandel storm

[Paint it Black]

Should have said on the ASX and also today over $84000

Certainly a shake up on the ASX and it will be interesting to see if any disclosures from past or current directors are published in the next 5 days in accordance with the Financial Markets Conduct Act 2013 Sections 297 to 303. Maybe it is the Hills selling and a new director buying but 0bviously only speculating. If so I see it as being very positive with more director skin in the game.

[Paint it Black]

See below which to me is another positive as I understand it saves NTL $750K of costs purchasing the BH mine which can be better spent focusing on Talisman production and not having the complication of separately listing Coromandel Gold. Presumably the $100K deposit will be retrieved from BH and Victor Rabone will continue on the NTL Board.

Broken Hills contract terminated
New Talisman Goldmines Limited (NZX/ASX: NTL) advises that its independent
directors have decided to terminate the agreement for the Sale and Purchase
of Broken Hills Historic Mine Limited, as the condition of obtaining consent
under the Crown Minerals Act 1991 by 31 December 2021 has become incapable of
being satisfied.
New Talisman intends to focus its efforts on its existing Assets. In light
of this, the board of New Talisman no longer has plans to pursue a separate
listing of its subsidiary Coromandel Gold Limited.
As a consequence of termination of the Broken Hills agreement, the trust
arrangement in respect of 80 million shares in New Talisman has been
extinguished and, by operation of sections 82 and 58(3) of the Companies Act
1993, those shares are cancelled. New Talisman therefore has 3,127,225,363
quoted shares on issue.

Mr J Upperton
Chairman
New Talisman Gold Mines Limited

[whatsup]

See below which to me is another positive as I understand it saves NTL $750K of costs purchasing the BH mine which can be better spent focusing on Talisman production and not having the complication of separately listing Coromandel Gold. Presumably the $100K deposit will be retrieved from BH and Victor Rabone will continue on the NTL Board.

Broken Hills contract terminated
New Talisman Goldmines Limited (NZX/ASX: NTL) advises that its independent
directors have decided to terminate the agreement for the Sale and Purchase
of Broken Hills Historic Mine Limited, as the condition of obtaining consent
under the Crown Minerals Act 1991 by 31 December 2021 has become incapable of
being satisfied.
New Talisman intends to focus its efforts on its existing Assets. In light
of this, the board of New Talisman no longer has plans to pursue a separate
listing of its subsidiary Coromandel Gold Limited.
As a consequence of termination of the Broken Hills agreement, the trust
arrangement in respect of 80 million shares in New Talisman has been
extinguished and, by operation of sections 82 and 58(3) of the Companies Act
1993, those shares are cancelled. New Talisman therefore has 3,127,225,363
quoted shares on issue.

Mr J Upperton
Chairman
New Talisman Gold Mines Limited

New broom sweeping clean !

[Getty]

See below which to me is another positive as I understand it saves NTL $750K of costs purchasing the BH mine which can be better spent focusing on Talisman production and not having the complication of separately listing Coromandel Gold. Presumably the $100K deposit will be retrieved from BH and Victor Rabone will continue on the NTL Board.

Broken Hills contract terminated
New Talisman Goldmines Limited (NZX/ASX: NTL) advises that its independent
directors have decided to terminate the agreement for the Sale and Purchase
of Broken Hills Historic Mine Limited, as the condition of obtaining consent
under the Crown Minerals Act 1991 by 31 December 2021 has become incapable of
being satisfied.
New Talisman intends to focus its efforts on its existing Assets. In light
of this, the board of New Talisman no longer has plans to pursue a separate
listing of its subsidiary Coromandel Gold Limited.
As a consequence of termination of the Broken Hills agreement, the trust
arrangement in respect of 80 million shares in New Talisman has been
extinguished and, by operation of sections 82 and 58(3) of the Companies Act
1993, those shares are cancelled. New Talisman therefore has 3,127,225,363
quoted shares on issue.

Mr J Upperton
Chairman
New Talisman Gold Mines Limited

No more blind faith of Matt's crew, and no more leading shareholders on a merry dance.

[THEONE]

Jonu should become a SKY director sort them out as well..