I am always cautious about encouraging or leading people into buying, selling or holding. Everyone's strategies are different and you know your own trades. Im on cellphone so hard to write in full.
I think in the short term the most important things are:
NTL/Newcrest announce details of JV. Terms could be similar or perhaps better than those given to Laneway/Newcrest JV. Newcrest is paying for drilling in exchange for a farm in arrangement.
The company must surely eventually announce the reasons it has been in discussions and visits with Amer International too. NTL has said they want a potentially substantial stake in NTL.
Also coming up in the mid term is updated PFS, progress reports on development of Talisman ("producing within 6 months") and eventual production.
Look at the mcap of Newcrest and Amer. These guys are huge.
I am always cautious about encouraging or leading people into...
Add to My Watchlist
What is My Watchlist?