Hub: High Grade Growth Prospect • Discovered October 2018 via aircore drilling • High grade oxide close to surface • Maiden Mineral Resource Estimate: – 890.3kt @ 4.9 g/t Au for 141koz Au1 • Oxide component is 43koz @ 6.6g/t to 80m depth • Open at depth and along strike
Can you not see why this is so compelling, the directors of NTM Gold, hold lots of shares and have been buying more. CEO as well. They do not want a higher offer, they want, ( like me) to progress this great partnership. A potential mega mine and a 3 million ton processing plant, that is making a million $ plus a week profit on low grade ore = ?????????
Leigh Junk has been buying Dacian , $350,000 on market. ( great management)
They are now in the process of fast tracking "The Hub" so they are quantifying the resource, ready to mine. At the end of the this quarter, NTM is in a strong financial position with $3.1m in cash and no debt. They know that this mine could be a Mega Mine and they have 3 million to drill.! And they are doing just that, right now. This is extremely good news for all shareholders, because the sooner the gold is quantified, mapped, the sooner Dacians plant can get high grade ore.
P.S I'm afraid Speculator might be a spectator watching his ship leave Fremantle.
NTM Director Eduard Eshuys will join the Board as a non-executive Director. DO your own reseach folks, check out the "Hub" and if there are any geos on board, please share your ideas.
Name of Director Eduard Eshuys Date of last notice 2 April 2020 Part 1 - Change of director’s relevant interests in securities In the case of a trust, this includes interests in the trust made available by the responsible entity of the trust Note: In the case of a company, interests which come within paragraph (i) of the definition of “notifiable interest of a director” should be disclosed in this part. Direct or indirect interest Indirect Nature of indirect interest (including registered holder) Note: Provide details of the circumstances giving rise to the relevant interest. Securities held by DGO Gold Limited. Mr Eshuys is the Executive Chairman of DGO Gold Limited Date of change 2 April 2020 No. of securities held prior to change 72,714,200 Ordinary Shares 20,000,000 March 2020 5 cent Options 60,000,000 March 2022 10 cent Options Class Fully Paid Ordinary Shares Number acquired 20,000,000 Number disposed Value/Consideration Note: If consideration is non-cash, provide details and estimated valuation $1,000,000 No. of securities held after change 92,714,200 Ordinary Shares 60,000,000 March 2022 10 cent Options
Michael Ruine - Director - Date of change 17 November 2020 No. of securities held prior to change 93,748,084 Class Fully Paid Ordinary Shares Number acquired 1,500,000
DCN Price at posting:
47.0¢ Sentiment: Buy Disclosure: Not Held