By results I mean the results of the progress brought about by the company. In particular the grades brought to the surface through the bulk sampling programme.
NTL managed to pull off a rights issue exclusively to its shareholders to allow them to fund the mine.
We shareholders sent a very strong message to management that Amer International will have to reward us very handsomely because we can get into bulk sampling production by ourselves.
We also sent a message to management that we don't need you to hock off our stock at a discount to sophisticated investors thereby diluting us without any possibility of taking part in the raising.
Shareholders fronted up the money, shareholders will get the rewards.
It really is a very, very good sign for our company that we are now in a position where we are capable of producing revenue.
Pre-raising NTL had an MCAP of about $12m and that's where it sits right now, except we have over $5m in the bank. We only needed $2.1 to get up and running, so I am really looking forward to some plans by the company about what they are going to do now.
I have already let the company know that I am keen to buy more if there is any possibility of a placement within the next 90 days but I would be equally happy to buy on market at 0.5 cents (or below if anyone is foolish enough to sell to me
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