Ann: NTL successfully raises $4.69M-NTL.NZ, page-9

I'm just glad they got above $2.1m to fund bulk sampling plus $2.5m for Newcrest JV and other stuff.

Ideally the mine will be producing cash flow by the time Newcrest start/finish their drilling which means NTL can potentially raise funds in a manner more agreeable to shareholders when the time comes.

I'm not keen to sell out to Amer International unless the terms are very favourable. We, as shareholders from NZ and Aus, just funded this mine into bulk sampling on our own!!