So NTL now has a refurbished mine near Waihi that's full of gold, yet the can't seem to get any of it out of & we're supposed to believe that now they're going to Vanuatu & get gold out of there? Good luck to them
They can't even get gold across an old railroad bridge repurposed for vehicle traffic in NZ, yet somehow they are going to magically fill shareholders pocket with yellow stuff that came from an Island, with a population of 40K, out in the middle of nowhere, that has only 4 roads (by my count) with "PROTECTED WILDLIFE" on the island?
Espiritu Santo - Google Maps
So how did this wonderful prospect fall on to the laps of the NTL team in a Covid ridden world that has all but shut down international travel for the last 9 months?
This is "pie in the sky" stuff being proposed here. The CEO knows the chance of raising more capital from the what were bottomless pockets of shareholders is now gone.
Want some evidence of this?
-What's happened to the NTL options since the news release? Nothing... The same thing that will come to those who part with their hard earned when they ask for it.
-Why was it that every time the alleged CEO's alias's on ST was defending previous CR's, he always pointed out a point in time when you could have SOLD the allocation for a slight or medium profit after the CR. Is that where the CEO & director of a company would want the shareholders focusing their attention or is that the mindset of a trader, a pirate?
Instead of losing your money on another half cooked hair-brained NTL upcoming money grab, why not use your capital on a holiday of your own to Vanuatu? Then maybe you could enjoy the protected wildlife that resides there instead of losing sleep over the wasted capital when they come back & say there's snails or earthworms in the way of the drill & the government won't give them consent to drill it.
Logical thinking is required. Flip the emotional switch off & think about it for a day or two, then book your holiday.
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