Australia's largest stock trading and investment forum Australia's #1 stock forum

NTL new talisman gold mines limited

0.00%

1.6¢

Ann: Talisman Acquires 80% of Rahu from Newcrest, page-7

First 7 Last

Share
Profile

Follow
SB1982

542 Posts.

25/09/17

09:59

Post #: 27431064
Share

Originally posted by robbo24 ↑

NCM drilled the LNY tenements adjacent to the Talisman and Rahu permits.

NCM did electromagnetic flyover of Rahu as well. Using all of NTL's data and NCM's data, they determined drilling targets.

NTL is going to drill those suckers - I think we're going to find that Talisman extends at a depth of around 400-500m, which is 100m-200m deeper than HGD/NTL drilled back in the mid 2000s.

Rahu could be a 3m ounce underground mine accessible by private access. Will be good times if it happens.

Remember, when NTL entered into the JV with NCM, NTL had an MCAP of about $5m-$6m. NTL has a lot more leverage now, and no doubt this will improve even further in the short term.

Expand

Do we know how much NTL has paid/structure of the deal for this asset? I didn't see anything in the Ann.

NTL Price at posting: 1.9¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

'Not possible' to port renewable gas: ACCC takes AGN to court

SRL

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

BOE

Boss extends June win streak with boosted Alta Mesa extraction rates

PAR

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

BPH

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

OCC

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

First 7 Last

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.

Ann: Talisman Acquires 80% of Rahu from Newcrest, page-7

Top Stories

'Not possible' to port renewable gas: ACCC takes AGN to court

Sunrise pops on top scandium hits NSW explorer will now use for 'multi-decade' plan

Boss extends June win streak with boosted Alta Mesa extraction rates

Paradigm Biopharmaceuticals makes key acquisition moving into FY26

ASX Market Open: IPO hype, Wall Street ATHs push Aussies into green hope | June 27

Australia’s gas crisis is here – and dying coal plants aren’t helping

Listen: HotCopper Wire Podcast 015 – Yeah, we're thinking the IPO market is back

Orthocell sees 4% jump as Remplir used in first US surgery. But is that low?

ASX Market Close: Index creeps lower as half-year mark approaches | June 26

NATO’s 5% target: Why Almonty Industries’ mega mine and NASDAQ listing are a perfect fit for investors

Featured News