I think Fletchers thought they were all set to go as well...….
Sad.
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Its not rocket science they want their cut as usual, nothing new there, Rahu is many years into the future.
The current mine, getting gold from the high grade ore processing plant, gearing up for the full plant, and then turning attentions to "The Deeps" or whatever it is called, where we know there is mega gold.
Will be enough to keep us going for the next 20 years.
Rahu is 25 to 30 years away, anyone could be in government as Fred Winstone and Barney Jones Rubble will be dead and in jail convicted of fraud respectively, and Jacinda a blot on the political landscape crushed by Luxon 2023.
It would be great PR if Iwi and NTL came to an agreement by giving them first rights of refusal work tenders, or apprenticeships to help local iwi members with unemployment etc.
Mutually beneficial having Iwi on your side, slows down the PK-tards.
Previously when NTL got non-notified approval from HDC re: water quality impact there was a press release from NTL&HDC that stated that a iwi representative was informed, went to visit NTL/Karangahape area and the iwi representative then determined that there would be next to no environmental impact.
PK tried to challenge that legally to slow down progress but I suspect they withdrew it eventually because their claims would have been opposite of what was determined by Iwi/HDC.
gold atm US$1442 = NZ $ 2168 !!
I cannot understand why there is such strong buying @ .008 ATM when S Hers can buy into the SPP @ .006785 plus 1 loyalty share, are all of these purchasers new S Hers buying into the NTL story ?
With the 'Bonus' shares that are realized after 12months, as long as you are a current shareholder with any amount of shares, you will get the bonus shares? Or do you have to keep all shares purchased through the SPP to gain the bonus?
whatsup - as I understand it, this extended SPP is open to anyone.
So that makes it even more mystifying why anyone is paying 0.7c let alone 0.8
Counting free bonus shares in a year, the effective price of new shares under the SPP is only 0.573c
I wonder when we'll hear how much new money has come in under this extended SPP? Probably early September.
And I also wonder what will happen if the total new money from the SPP exceeds the 15% cap allowed as new shares. (If that is indeed the cap. No-one seems quite sure on that, but there must be some limit).
I'm impatient for September (end of SPP) and first gold.
P.S. Blue Horseshoe, I'm sure you are correct. That's a (small) positive sign, isn't it??
P.P.S. Price of gold still increasing, because of US/China trade tensions NZ$2,236.19
+24.96
+1.13%
The buying might be coming from overseas investers not eligible to participate in the SPP.
$400k is too much for Mr Hill with a board and administrative staff more numerous than people with gumboots on
And things are getting worse not better.
this has not been as glittering as I had hoped, it looked smooooth two years ago. i bought it because of big assays, consent, and NZ buffer.
Not enough going for it to not lose more money, and it looks more likely every day.
shares are so worthless I may keep them, to be proven wrong, ha ha
Remember, the board willfully, or ignorantly, destroyed the value of options we held, by doing another capital raising a while ago ( 2017) . They got less than the options would have raised, shares fell from near three cents to who knows. and all my options became worthless.
no one has explained why they did it. Maybe someone can?
Wasn't there around 75 people buying tiny amounts of shares, weird that all those buyers bought on same day, maybe they have a certain time to fullfill a purchase under the free system that they are using, and maybe they cant be bothered to fill in a form and send it off to buy $250 bucks of shares for the chance to be able to buy at that discounted price.
Maybe they don't know they can buy shares direct from company, if they didn't read all the company notices, or perhaps they feel that their chances of getting those shares is too low as its over subscribed.
Yep, really weird, but if the shareholders now have possibly up to 300 or 500 new shareholders who have tiny allocations of shares, when they see SP going up, that may trigger more higher value investment in the SP which could snowball.
The .008c purchase amounts are so small its probably just schools doing some project on the share market.
Minimum purchase for the SPP is 1000$
Gold at 6 year high $1465 U S or $2250 approx. per oz . great if they have that mini pilot plant working.