NTL 5.26% 2.0¢ new talisman gold mines limited

Ann: Quarterly Cashflow Report, page-19

  1. 726 Posts.
    lightbulb Created with Sketch. 151
    They openly admitted its too expensive to try and mine the site due to health and safety.

    What good news can be expected.

    Sell it to someone who knows what they are doing.
    Sell the best ore to an offsite processor.
    Move all resources into the new offshoots initiated.
    Go into receivership and someone buys the assets and sells the assets for some cash.
    Go into receivership and shut up shop with total mine closure.

    Can someone tell me another option ?
    How long till Matts 400k empties the coffers ?
 
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