NTL new talisman gold mines limited

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-2

  1. 361 Posts.
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    A whole bunch with (mainly NZ based) shareholders still believe this company is in the process of mining and going to deliver gold and positive cashflows this year, pretty clear stuff all happening at the mine just 22k spent. The only activity going on is raising capital to pay Director and Consultant fees.

    https://hotcopper.com.au/data/attachments/5468/5468715-5ce82d5f7ac9a24221470c0b835f68cf.jpg

    Also the cashflow confirms that the Contractor Terra Firma did not actually invest $300k in cash as announced but rather (as buried in the annual report fine print) agreed to take part of their service fees (/profits) in shares.

    As i have said this company is cursed....
 
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