Gold jumped to US $1750/oz or now Kiwi $2850, , I now know the fish heads game is working ( keeping the gold in the ground - its eventually worth more ) !!
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Gold jumped to US $1750/oz or now Kiwi $2850, , I now know the fish heads game is working ( keeping the gold in the ground - its eventually worth more ) !!
If NTL's past history repeats, it will probably still be down there too with a couple more Cap Raises along the way
as it sails down the other side, but generating more encouraging releases of optimism of what's likely down there
That is the key question nztx. Personally I am in boots and all hoping things are about to change. But no gurantees in this game
I'm a little confused about just what the price of gold is currently.
This site https://money.cnn.com/data/commodities/index.html gives US$ 1752 per ounce, but that's a future price, for June 2020.
https://goldprice.org says the current price is $1,685.02 which is down 2.95%
"Phil Goff said he is happy to align with ministerial pay cuts of 20 per cent for the next six months. His annual salary is $296,000, meaning a 20 per cent reduction over six months would see him lose $29,600 before tax."
Wow. So the mayor of Auckland is only paid $296k and happy to take a 20% pay cut.
How much is NTLs CEO earning again?
Unbelievably, not even a Covid-19 update.
Meanwhile, another tumbleweed blows by...
Yep. Quite disgusting. Just a reflection on their incompetency.
I've reposted this link before, but thought I'd do it again. I don't know who's behind it.
So if you're unhappy or disillusioned with the direction of the company and the directors performance, this might or might not gain some traction. :t_up: (I hope it does!!)
https://docs.google.com/forms/d/e/1F...cLCig/viewform
I think the answer is that nobody should support the next capital raise,then at least the board will know that they either start production or they go under.
Clearly shareholders including myself have had enough!
To be fair, the offer doc last year noted a target to reduce corporate overheads by 20%. It's hard to track performance on this though as corporate costs have bounced around in quarterly cash flow reports
I just want to see plans being met, including lodging of the resource consent application (going on four months late), publishing of the resource estimate for Talisman (several weeks overdue) and processing through the pilot plant (as committed to in the SPP offer). I also don't want to see the next quarterly report half filled with schematics and output results of the pilot plant, yet again.
Sorry I had an Error I will repost
Oh...and with all that money he didn't even take part in the last capital raising.
He's probably sitting at home during the lockdown, still drawing about $8,000 per week, reading all these comments, and laughing his head off!!!
I just checked the covid wage subsidy,and it looks like they have not claimed,surely you can still claim if you are losing money.
The prime minister only gets 56k more than matt,but if you take off the 47k cut she is volunteering its about the same