-
03-10-2017, 09:22 AM
#3331
Member
Originally Posted by Chippie
Just highlighting the 8% paper profit for people who participated in the SPP
This is based on NTL at 2.3 cents and NTLOB at .04 cents currently
Not too bad at this stage
I struggle to give any value to the options.
5.5c seems a long way off.
But so is 2022 and lots of possibilities.
All in all I'm bullish for the next year or so.
-
03-10-2017, 09:32 AM
#3332
Originally Posted by Flugenbear
I struggle to give any value to the options.
5.5c seems a long way off.
But so is 2022 and lots of possibilities.
All in all I'm bullish for the next year or so.
l agree.I sold my options yesterday for 0.4. The options do not have any value until the share price is north of 5.5 c . More value in the head shares at this stage. When the head shares reach 5.5 I will be a happy cat.
-
03-10-2017, 01:25 PM
#3333
Member
-
03-10-2017, 01:37 PM
#3334
Member
"been calculated usinga black Scholes calculation of between up to 2.1 cents per option"
Really would appreciate NTL proof reading these before release. The above and the recent minor mistakes on official releases make the company look less professional.
That being said - not surprised the spp closed with a shortfall given the timeframe and uncertainty. I will consider participating further personally - feeling more and more bullish on this one.
-
03-10-2017, 01:42 PM
#3335
If I were going to invest money in NTL I would do so via the options. This is an almost binary situation. Come 2022 either the company will have done well, or not at all. No real in between. A 0.4 cent entry is far more attractive than a 2 cent entry. Either 1/5 of the cost of an entry via stock (with no dividend coming anyway) or you can get 5x the exposure. I would be selling shares and buying options if I had any.
Last edited by blackcap; 03-10-2017 at 01:44 PM.
-
03-10-2017, 02:25 PM
#3336
Member
Putting aside my (irrational) fear of options, you are correct. However heads does allow you to set stop losses and exit if things don't look so good. Options will be difficult to exit if things turn south quickly.
-
03-10-2017, 02:54 PM
#3337
Member
If level 16 at Talisman is 200 feet below sea level, & they are saying high-grade gold is deeper at Rahu than Talisman, we are talking deep. There is talk of drilling 600 m test drills at Rahu - 2000 feet. It would need a lot of gold down there to encourage digging a new 2000 foot deep underground mine in New Zealand I suspect. Prohibition shaft was the deepest in NZ, 2700 feet deep, 1/3 below sea level. 750k oz gold @ 15g/tonne. Closed 1951.
-
03-10-2017, 03:55 PM
#3338
Member
I wonder if there’s a bit of financial issues?
-
03-10-2017, 03:57 PM
#3339
Member
Originally Posted by Clints
I wonder if there’s a bit of financial issues?
Not having enough money would be the main one!
-
03-10-2017, 04:07 PM
#3340
Member
Originally Posted by Kay
Not having enough money would be the main one!
I was thinking more along daily operational cost rather than progressing at a faster rate
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules
|
|
Bookmarks