What will they do with the ore though? Nothing for a while yet. I've been wondering if the processing plant needs resource consent to operate.
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You could make the question a lot clearer and then hopefully Jonu could chime in and clarify:
On hotcopper they are saying DoC need to issue both the Long-Term Access Arrangement, and Authority to Enter and Operate (AoE)
This announcement mentions the Long-Term Access Arrangement
It does not mention Authority to Enter and Operate
Jonu - is anything more required from DoC (e.g. AoE) ?
I had a look and wonder if the HC poster "Stockcomment" may be a disgruntled ex NTL employye (Mr Hill). They have only posted 68 times on HC and are spending alot of effort having something negative to say on every NTL announcement.
For me I will take the following statement at face value from todays annoncemen, "t this is the final hurdle in allowing NTL to progress
Talisman mine to production"
[QUOTE=Chippie;1058197]I had a look and wonder if the HC poster "Stockcomment" may be a disgruntled ex NTL employye (Mr Hill). They have only posted 68 times on HC and are spending alot of effort having something negative to say on every NTL announcement.
I just noticed 6 of 7 comments made on the loan facility thread were from Stockcomment of which 3 were moderated/ removed. So he is spending alot of time writing to himself.
Seems to have a bit to say on a large fee on an Aspermont CR / Placement in May 2021.
The sort of topic that one could expect from a Merchant Banker type and/or mate given a nudge ;)
The postings appear to be on 3 listed companies, incl NTL with one further (1 post) since first on 2.3.21
Matty Hill - if you are watching... please have a nice day.
With the excitement of the DOC announcement then now is the time to get the maximum out of the shareholders with a cap raise. My uneducated guess is $5m.
Re the license debate. People have short memories. 5 years is definitely not going to give the certainty required when mining in this area. A change in Government back to the left would see alot of capital at risk.
For the long term benefit of shareholders and for this venture to provide a decent return on investment, then the paperwork needs to be first class.