NTL new talisman gold mines limited

Gotta have that processing plant, since there isn't one...

  1. 1,139 Posts.
    lightbulb Created with Sketch. 214
    Gotta have that processing plant, since there isn't one operating nearby (OGC has closed their Waihi facility in the short term).
    From the recent quarterly: https://www.asx.com.au/asxpdf/20200430/pdf/44hf0vdf4s977f.pdf

    https://hotcopper.com.au/data/attachments/2247/2247992-4c9d6cad67ec80dd5ef19363beff99d7.jpg

    If I remember correctly, from the previous quarterly:
    https://www.asx.com.au/asxpdf/20200131/pdf/44dplqnn1hrgxl.pdf

    https://hotcopper.com.au/data/attachments/2248/2248003-3cc19621a7cbdbe6d3646590497d8f71.jpg

    and then ...

    https://hotcopper.com.au/data/attachments/2248/2248000-05a30a445ce75d4191749710f50a7c95.jpg

    I suspect we're waiting for Terra Firma Mining Limited to build the processing facility in another location before activating any further license provisions. Which of course will require shipments of equipment, probably from China, in todays COVID19 environment.... Did anyone say "delays outside of companies control"??

    Don't get me wrong, I'm frustrated by the time its taking, but then I've only been on the shareholders books for a little over 3 years ....

    But, regardless of your own personal timescales and frustrations, you have to pay attention to the macro events which can also cause problems.

    https://hotcopper.com.au/data/attachments/2248/2248014-94e081f601433420a1ae8749f7a34580.jpg

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.