NTL 0.00% 1.9¢ new talisman gold mines limited

Ann: Suspension from Quotation, page-43

  1. 61 Posts.
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    Maybe given it is clear you are wrong it is time to get out of the shadow boxing and into the fundamentals of this company and its project

    Document below worth reviewing that does not appears to stack up with the production forecast provided in the Feb 2023 offer document in terms of production volumes.

    protectkarangahake.org.nz/wp-content/uploads/2016/11/hdc-resource-consent-nov-2013.pdf

    The consent above allows (subject to an approved traffic managment plan) 1 truck movement a day as applied for by NTL.
    The road currently cannot handle a 10t Truck I was up there last week. Nothing has changed with the road it still have two collapsed areas.
    1 closed Bin per day storing 5-8 Tonnes with 5-6 1 tonne loader movements from mine to bin per day.
    Grade used by NTL for production purposes was 6G/T average as stated in Feb 2023 and explained as the ore is diluted from its face grades..
    So 1200 Grams of Gold in concentrate per month MAX
    1kg of 99.9% gold is curently less refining costs approx 70K USD
    Cost as per their numbers NZD80K per month just to extract
    Cost to process under agreement as yet not stated.
    Cost to remove waste per tonne or create tailings dam not stated
    Admin costs of the public company are NZD100K per month

    So explain Fan and maths wiz whatsup what that looks like for ROI?

    Other than hoping KiwiJesus can turn rocks into gold the maths just dont work

    This is a complex hard rock mine not Todd Hoffman type alluvials!!!
 
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