$23 + / oz Kiwi, where is our gold production when you need it .
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$23 + / oz Kiwi, where is our gold production when you need it .
Think the Gold Price will continue to incress for some time yet. We might even see it over $3000/oz by years end.
Better hope the pilot plant, which won't have finished test work until next month, meets the tests. If it doesn't then where will NTL be?
One thing that has always bothered me; I understand the need for an environmentally careful plant, but why does this one need to be so completely novel? While I know very little about mining, I'm surprised NTL couldn't just use something already used elsewhere that meets those environmental impact requirements and accordingly de-risk and speed up revenue collection. Perhaps there isn't such a thing. Just some thoughts that I'm better to direct to the company I expect.
Steady buying again today 5 mil @ .008 bought, once the clutter ( SPP ) is out of the way come 30 Aug this share will be rerated imo what with the POG above $1500 US = $2300 + Kiwi atm .
Yeah whatsup exactly my man, there is clearly insecurity around how many shares you can buy in the deal ending August, or these turkeys wouldn't be gobbling them down at the market.
Agree there seems to be this 15% max bandied around,they say this is part of the same SPP,it makes no sense to me that the company has not clarified this,and advised what % was sold in the 1st and 2nd part of this SPP and what is available in the 3rd part.
If we don't hear soon,I will drop them an email,as I could do with another couple of mill,but don't want to be scaled back
I cannot wait until the end of the month and with all of the SPP schanagions are out of the way so we can get back to a more orderly existence , with the POG well over $1500 /oz us we should be trading at a much higher price than we are now considering there should nothing to hold us at these levels.
I'm still waiting to see an SPH notice for Mr Hill or any of the other directors to show that they participated in the SPP. Mmmmn
No.
From the last quarterly:
- Work continues on the resource consent application for full mining. It is expected that this application will be lodged in the next half year to allow sufficient time for processing to ensure continuity of the operation on completion of the bulk sampling programme.
Why would someone sell or buy $20 of shares and the price drops by 14.5%
That would be the sharese effect mate.
With the introduction of that and the completion of the SPP last month it would have been very interesting on where the share price would have been today. i would think the volumes we are seeing moving at the moment are from sharese investors buying and i don't think they get the notifications on the NZX so would have no idea of whats going on in the back ground.
They have resource consent to remove 20000 cubic mtrs of ore a year,which will be trucked out of the mine and treated as per most ordinary mines.The pilot plant is the basis for the new plant which will require new consents,which is what the company is referring to.