This is a bit unusual but I agree with your post.
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Let me put it this way.
You are on the Titanic, and you know its going to sink.
Someone is offering music, entertainment & free booze.
Or else you can stay prim & proper, to listen to a Jonu advertorial.
What are you going to do??
Well guess what, its a decision you dont have to make, because on the NTL thread you can have both!
Whatever floats ya boat!!
Poor analogy. The Titanic was promoted as the biggest, the best, and the safest. Perhaps the Titanic should be compared with ATM.
NTL was always a penny dreadful. Anyone who has invested money in NTL must do so with the expectation that they may lose it all.
We don't need you continuing to regurgitate your view that it is a high risk stock. All exploration mining companies are. You only invest your money knowing you may lose it all.
Jonu is clearly a keen investor. I assume he has done his research. Buy like us all, he must be assumed to be prepared to lose it all.
You reminding him of that over and over doesn't help anyone.
zacman
Waiting on:
- FMA investigation
- Due diligence of Broken Hill and if agreement will go ahead, and likely cost. Will the Rabones accept payment in shares @ 0.7c each given market value?
- Processor name, start of processing and results, possibly triggering bulk sampling consent start
- How all of that will be afforded with $1.1m in the bank as at 31 March (now two months on from there)
I wonder when the inevitable share consolidation will occur. It's going to be tough to do a capital raise with the current situation. The only success NTL has really had is raising money, but haven't progressed much else. Unfortunately they have lost the trust of almost all shareholders now, so it's going to be a tough sell. I've supported every raise in the past 4 years, but no chance in hell will they get a cent from me this time. And I'm not bitter, actually made a lot of money from it from selling at the right time, but that was a little lucky. Looking back, I'm a little like, how did I get sucked into that for so long....
But a point that's been made before, be prepared to lose anything you put in here. Unfortunately that is a very real reality, IMHO.
1.1m shares going through at .4c to close the day.
I did have to laugh at the parcel of 1 whole share going through at 2:08pm today.
With the PoG almost at US1900 and the results of the stockpiled ore 100t sample testing expected any day some positivity exists.