I made this last week after some discussion with a very large NTL holder (even larger than me) who asked me about whether support and resistance is applicable to the NTL chart.
It's an NZX:NTL chart but NTL on the NZX seems to have tested and been held above support.
This is very good news - perhaps an indication that acquirers were waiting in the wings, ready for the company to unleash its extraction, drilling at Rahu and other bits and pieces hinted at in announcements over the last 2 months.
Ann: Extraction of High Grade Ore Commences at Talisman, page-16
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