NTL

0.00%

1.9¢ new talisman gold mines limited

So I guess the ventilation and electrical design was free? As...

First 2 Last

DemGainzz

404 Posts.

31/01/17

16:38

Post #: 22258568

Originally posted by BK47 ↑

How can NTL explain their projected development costs being dwarfed by their Staff, Admin and Corporate costs yet still spend over half a million in one quarter???

Column 1 Column 2 Column 3

1 9.

2 Estimated cash outflows for next quarter

3 $NZ’000

4 9.1

5 Exploration and evaluation

6 Nil

7 9.2

8 Development

9 200,000

10 9.3

11 Production

12 Nil

13 9.4

14 Staff costs

15 56,650

16 9.5

17 Administration and corporate costs

18 275,000

19 9.6

20 Other (provide details if material)

21 Nil

22 9.7

23 Total estimated cash outflows

24 531,650

It has to be the TMP... Why spend money on a mine if you have no guarantee you can access it!!!!

It appears NTL has gone backwards ("continues to engage with the council and other stakeholders to achieve a design")

I have some inside knowledge of a NZ residential section development where the access was almost identical from a main road. In that case the developer was forced to pay for new turning bays and road widening on the main road, tar sealing, storm water and widening of the access road and the big kicker the replacement of a one lane bridge with a two lane bridge also on the access road.

Trust me this roadway will cost a small fortune if the Hauraki Council demands half decent upgrades!!!!

It doesn't matter if your CEO has stock if shareholders let them draw well over $1,000,000 in salary until the money runs out...

Not many cheerleaders here today after these two announcements!!

Expand

So I guess the ventilation and electrical design was free? As well as all the other plans that were advanced

NTL Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held

1 Upvote

0 Great analysis

Top Stories

MKG

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

MM8

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

MLS

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

AZY

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

NAM

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

ENV

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

VUL

Vulcan appoints investment bank and M&A veteran to board

ASN

Utah authorities sign off on Anson's lithium extraction plans at Green River

There are more pages in this discussion • 24 more messages in this thread...

First 2 Last

Add NTL (ASX) to my watchlist

(20min delay)
Last 1.9¢		Change 0.000(0.00%)		Mkt cap ! $11.54M

Open	High	Low	Value	Volume
1.9¢	1.9¢	1.9¢	$5	268

Buyers (Bids)

No.	Vol.	Price($)
1	676	1.9¢

Sellers (Offers)

Price($)	Vol.	No.
2.0¢	37000	1

View Market Depth

No.	Vol.	Price($)
1	676	0.019
2	647616	0.016
1	76999	0.012
1	90000	0.011
1	50000	0.010

Price($)	Vol.	No.
0.020	37000	1
0.021	449252	1
0.030	300000	2
0.085	25000	1
0.000	0	0

Last trade - 10.43am 13/09/2024 (20 minute delay)

NTL (ASX) Chart

So I guess the ventilation and electrical design was free? As...

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Vulcan appoints investment bank and M&A veteran to board

Utah authorities sign off on Anson's lithium extraction plans at Green River

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

	Column 1	Column 2	Column 3
1	9.
2	Estimated cash outflows for next quarter
3	$NZ’000
4	9.1
5	Exploration and evaluation
6	Nil
7	9.2
8	Development
9	200,000
10	9.3
11	Production
12	Nil
13	9.4
14	Staff costs
15	56,650
16	9.5
17	Administration and corporate costs
18	275,000
19	9.6
20	Other (provide details if material)
21	Nil
22	9.7
23	Total estimated cash outflows
24	531,650

So I guess the ventilation and electrical design was free? As...

Top Stories

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Vulcan appoints investment bank and M&A veteran to board

Utah authorities sign off on Anson's lithium extraction plans at Green River

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News