this is the longest 90 days of my life
90 days would have been 12 march, 90 business days is the end of April :(
Just give us an update!
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this is the longest 90 days of my life
90 days would have been 12 march, 90 business days is the end of April :(
Just give us an update!
Assuming "90 days" is 90 days, you'd think the would have to, wouldn't you - there are as far as I can see only three possible scenarios...:
1. The Chinese have walked away - which is material information
2. The Chinsese are on board - which is material information, and
3. The Chinese have got another extension - which is also material information
So if that were the case the company would be in breach of NZX rules... On the other hand because NTL is just a tiny penny dreadful maybe nobody gives a toss....
Of course if "90 days" is 90 business days the company could provide some clarification and an update on the process, but because they are just a tiny penny dreadful and nobody gives a toss, why should they bother...
In conclusion I assume that even tiny penny dreadfuls have to follow the rules and I must therefore conclude that "90 days" is 90 business days and that the HOA is not due to expire until the end of April, so am expecting nowt but deafening silence from NTL until then....
Why not just ring the company and ask them what is going on?
Country: NZL
Telephone: +64-9-303-1893
Fax:
Company Secretary: Susan Sangster
Susan should be able to oblige?
Dear Nick,,
Hmmmmm. Very interesting, over 1 million disappear from .013 asx sell , next stop .20. Somethings up?
Good discipline being shown on the ASX, with offer at 1.9. Markets ready for something-I like, I like very much. There is much to like.:)
Discl: Holding heaps.
NTL seem to have gone all retro on us - silent movie anyone?
There should be something soon.
Timing of course is important. If tonight we see the price of gold do its pirouette and head north again then a positive NTL announcement sometime this month could boost its perceived value and price quite nicely.
Discl: holding...still.
I've just reread the last announcement of 23rd Jan. and we are well overdue an update imho. Various site visits by execs and technical people were due in Feb. The 90 days extension by my reading expired in Mid-March, going by the statement that said the 90 days related to the HOA dated 12 December. Perhaps management are hard at work finalising something, or if negotiations are ongoing it is dragging it out, either way we should be informed.:mad ;: