Ann: Investor Presentation Advanced Gold Exploration in Victoria, page-3

First 3 Last

Share
Profile

Follow
boydie63

3,149 Posts.

210

27/08/24

21:39

Post #: 75403225
Share

Originally posted by jogo: ↑

Supposed to be a "completely new team" to direct, govern and manage the new version of the company. That is necessary for sure but how good is the new team? All comments on this are desirable.
I have comments about a few of the new directors.

Angela Lorrigan helped bring the Henty Mine in Tasmania back into production as part of Pybar Group. Catalyst (CYL.ASX) took over this mine as it was not succeeding and have been turning it around, but only with substantial new investment into equipment and plant. Seems as though the gold was there but the operational mining experience and funding was lacking. As GM of Geology at the PYBAR Group it seems as though she did a good job but the rest of the team was not up to the mark and not able to deliver effectively.

Richard Taylor was CEO of Terramin (TZN.ASX), a "go no where fast" gold miner in South Australia and zinc miner in Algeria. The coy is controlled by Asian interests.

Peter de Vries was acting CEO at Austar (taken over by White Rock Minerals Ltd when basically bankrupt trying to mine Morningstar and then White Rock Minerals Ltd also went bust after failing with Morningstar as well). Also GM Geology at Centennial Mining Ltd which also went bust after failing with the A1 Gold Mine in Victoria (now owned by Kaiser).

I suspend my judgment on the resurrected company and leave you to assess. Some of their assets look good and Tandarra which is a JV with Catalyst particularly so.
If the previous idiots had kept to the Victorian prospects and not misled themselves into the Queensland mine then they would still be in business and not needing a resurrection.

Expand

Well done proper research a pleasant change on hotcopper,i will just hold as a pending capital loss they had a chance but sadly where lacking in ability to pull it off.

NML Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

JDO

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

MKT

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

HVN

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

RBA holds rates as ALP election campaigning kicks off – expect more political focus

First 3 Last

Add NML (ASX) to my watchlist

(20min delay)
Last 1.9¢		Change 0.000(0.00%)		Mkt cap ! $28.55M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Ann: Investor Presentation Advanced Gold Exploration in Victoria, page-3

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Featured News

Featured News

Ann: Investor Presentation Advanced Gold Exploration in Victoria, page-3

Top Stories

Timing will be everything for 'smashing' Hot Stock tip Judo Capital Holdings

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Palladium's the newest geopolitical hot commodity. But ASX exposure is limited

Harvey Norman may appeal ASIC Federal Court case – the third lawsuit on its plate

RBA holds rates as ALP election campaigning kicks off – expect more political focus

Featured News

Featured News