NTL - New Talisman Mine - New board & Directors

[Landyman]

Historically, CR has been at a discount to the average trades over previous month - given that we have seen elevated prices recently, Im picking they may try to issue at $0.020 - then how much do they need to buy the kit and get the infrastructure set for Terra Firma to produce the good stuff.
We may finally see/hear some forecasts.

Cashflow positive is just around the corner, especially if the CR is successful.

[Daytr]

Historically, CR has been at a discount to the average trades over previous month - given that we have seen elevated prices recently, Im picking they may try to issue at $0.020 - then how much do they need to buy the kit and get the infrastructure set for Terra Firma to produce the good stuff.
We may finally see/hear some forecasts.

Cashflow positive is just around the corner, especially if the CR is successful.

NTL is at critical juncture.
There has been promise made that some pretty significant hurdles to be overcome in a matter of weeks that shareholders have been waiting over a year for.

Without these hurdles being ticked of can they actually raise money for the same purpose they raised money a year ago?
They raised $1.7M plus the $300K to Terra Firma inlieu of future payments for work.
Seems to be a big burn rate considering how little they have achieved.
At the end of March they had $592K of cash, so it's a bit surprising only two months later they needed to tap a Director for $300K especially considering they have instructed Terra Firma to halt further work.
Maybe the $300K is partly to pay whoever ot is to do the CR, as the fees are usually substantial.

So what if only some or none of those are achieved in the next three weeks?
Remember they have promised to have access & a treatment option for the concentrate before raising further capital, which to be honest is only reasonable considering the last CR was supposed to fund all that through to being cashflow neutral or positive six months ago.
How long is a $300K loan going to last?

[Landyman]

How much the processing plant will cost (for TFM to operate) is unknown to shareholders.
How long to decide on what unit they want, then ship it, install it, and test it - how long?? How much?

[ThaiJohn]

Mutter mutter ..are we there yet

[Toddy]

Mutter mutter ..are we there yet

Check out the spread today. This normally indicates that there are buyers or sellers who are more informed than the market.

[Landyman]

Check out the spread today. This normally indicates that there are buyers or sellers who are more informed than the market.

The Chris Hipkins effect.

Lets hope there is a rubber stamp being inked up as we speak - DOC, you can do it.

[nztx]

The Chris Hipkins effect.

Lets hope there is a rubber stamp being inked up as we speak - DOC, you can do it.

hope the veins of precious stuff are as wide as the smiling boy can spread his pegs

[winner69]

Check out the spread today. This normally indicates that there are buyers or sellers who are more informed than the market.

What's happening today....share price down to 2.1

[What the stock]

Gold rise taking a little break/expected cap raise

What's happening today....share price down to 2.1

[Paint it Black]

Gold rise taking a little break/expected cap raise

Treading water now on low volumes waiting for DOC and the likely capital raise announcement in that sequence. The cap raise would obviously be vastly more successful if delayed until after the processing route confirmation and some gold being produced!