NTL new talisman gold mines limited

Reasons for capital raising to Fund Project Development, page-3

  1. 71 Posts.
    They mention they are building a reserve of 1m+ ounces, which would not be mentioned if it wasn't realistic.

    $1000 per ounce profit we are looking at 1b profit.

    Is a 20% dilution really that bad when it 1) significantly increases the chance of long term success and 2) increases the rate at which gold is mined by a factor of four?

    To put this in perspective, diluted to around 2.4 billion makes for 40 ish cents per share profit, not over 20 years but more like 5.

    IMO
    DYOR
 
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