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Correct, but in amounts that are relative to the average turnover of the size of the co.
Otherwise, others will get to the front of the que
Try these
Matt@newtalisman.co.nz
apcap@icloud.com
$2.2m in the tin according to the quarterly cash flow report which is around 8 quarters without any additional expenditure.
I'm sure the Co. is aware a CR will fail.
It's sink or swim now to get into production. If we're going to see anything happen, it's now or never.
To allay some fears, I need to reveal the master plan.
Step 1.
Shane is going to stump up enough cash from the Provincial Growth Fund to NTL, to get mining started.
Step 2.
From the higher grade ores, enough cash will be generated for NTL to do a reverse takeover of OGC. & ramp up extraction of their new proven reserves.
The new entity will be known as Tellitruth Mining.
Step 3.
The real reason for Crusher Collins' 4 lane highway from Tauranga via Auckland to Whangerei is so that the massive production from the 2 mines can easily find its way through 3 ports, to circumvent any wharfies blockades.
Vote accordingly.
Step 3: Rethink:
No need for some of that -- NPH wont be seeing Cruise ships any time soon
so could rail it south to Palmy & back up the East Line
Can't have too much of a concentration of PGF dough up Northland
and the few mill thrown at a Mushroom Farm is peanuts when
more could be thrown at HB infrastructure ;)
Re post#6027
Dont tell any body I told you, but another reason for the 4 laner, is to allow multiple points of access for the radioactive material for Shanes Nuke power station at Ruakaka.
Are you volunteering the use of Napier Port as well?
I didn't realise that Shane was parked up on some fairly hot stuff - perhaps he should take it with him in a couple of months time ..
Well now, we have a Port pursuing usual Utility tricks of spending copious bundles on new junk that probably wont get used fully
in next 10 years -- why build more up north to probably face similar fate ? ;-)
KiwiRail would probably appreciate a little NZF/Labour focus their way with extra volume to learn not to misplace along the way