https://nzx.com/files/attachments/263887.pdf
Best Wishes
Paper Tiger
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https://nzx.com/files/attachments/263887.pdf
Best Wishes
Paper Tiger
Anyone filled the application form and apply for the full $15k?
I'm waiting till the last week, whats everyone else doing?
Waiting for the next resource upgrade announcement personally. I think that'll be out before SPP cutoff and 2.2c will seem like a great exclusive deal by then if Bonanza is "spectacular"
I am going to wait as well. Hopefully the announcement is out before the cutoff and we are not expected to go into blind.
Wow. What happened to the market today. ntl seemed to be one of the few that didn't go down. I woke up in the UK this morning to see everything in red
Kju fired a missile over Japan. The Japanese let of the sirens and hid. The markets spooked maybe because of this maybe.
Gold prices sure aren't spooked. Sticking it's head up nice and high
A fire tonight at the Pullman Hotel in Auckland, which is the venue for the AGM. Little in the way of details available yet.
Gold doesn't burn baby!
I was also pretty amazed with SPP announcement - last thing I expected given the advice we were fully funded for several years then the revenue would take up the reins. But like you Digger I'm happy to wait with reasonable confidence management know where they need to go to maximise the 'bulk sampling' consent conditions and also better future proof the operation with additional on site concentration and to explore alternative access (at the end of the statement). Matt Hill would not be now losing up to $1million on yesterday's trading without being very confident the strategy will reap big rewards further down the track. It will be a good AGM at the Pullman - hopefully the concierge will be ready for the protesters!
The Grand Millenium Hotel might have been a better venue because it is directly opposite the Police Station.
What would happen if sp dropped below 0.022c? Would they drop the spp to a lower price?
Has anyone thought to email MHILL and request that they update the market on the status of Talisman? Just a thought.
I am pretty confident they will have a plan on this release. Not sure any one of us will make much difference to their timeline. My thought it release the SPP which brings the price back, then release the upgrade that takes the price back up (echoed a number of times on this forum already) a bit of pain followed by a bit of euphoria.
If market goes 2c, then better to buy on market than take up the SPP - that's assuming you think NTL has a bright, or should I say golden), future.
You have to think that NTL management will have thought of this. If SP drops too low, no one will participate in the SPP, and therefore NTL will not get any money. That's why Im confident (or wishful) that there will be a good announcement between now and 22 Sep - NTL want your cash!!
And in Fake News for today.....
It was revealed today, that NTL boss Matthew Hill is in fact world famous author Dan Brown.
Hill was heard to comment that "....Im sick and tired of writing thriller/conspiracy fiction, its time for the real deal, non-fiction. Im planning to keep everyone guessing, say one thing, do another. Create uncertainty, leave people guessing, give them a thrill, then bring them crashing down to earth"
Sales of NTL latest SPP are nil thus far, with no shareholders believing the 22 September deadline. One shareholder went on record to say, "...yeah, nah, its all going to happen in 2 weeks, just we don't know when the 2 weeks commences, 22 September, nah mate, that's not real".
An SPP or cash issue has the effect of offering a lot of new shares at a fixed price. This fixed price puts both a floor and a ceiling on the SP until after the close of the offering.So for the next few weeks the SP will sit about where it is now. It will then likely move higher when positive info comes to light and especially when the SPP is behind us.
So I do not expect any significant number to sell below present price.