G'day DG, If you compare my assumptions and table in this post:...

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robbo24

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08/06/16

09:36

Post #: 17979913
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Originally posted by DemGainzz ↑

I am basing all predictions on what I feel market sentiment will be.

End of the year 0.10. by this time NTL will have completed the rights issue, raising 7 - 12 million and expediting the start of the bulk sampling, extracting and selling the first gold in november. They will have bought Amer intl in as a substantial holder and formalised the JV over Rahu, both of these will individually boost the SP.

Next year - 0.50. NTL will be well on the way to getting the phase 1 resource consents but in the mean time they will be removing ore and processing it, focusing on the high grade areas of the mine, Rahu will have been drilled (with awesome grades) and will be starting to plan how to optimise extraction. By this time the company will be profitable, building up cash reserves and hopefully well on the way to paying a divi

Anyone care to correct/provide additional points I may have missed?

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G'day DG,

If you compare my assumptions and table in this post: http://hotcopper.com.au/threads/ove...2780060/page-18?post_id=17950276#.V1dZw9IcyUk

With the type of resource update (and soon to be gold mining) discussed in today's announcement: http://www.asx.com.au/asxpdf/20160608/pdf/437rrdbmhdt90d.pdf

You may find that 1 cent by the end of the year is well shy of reality. If NTL targets some good grades in its bulk sampling, and follows up some of its leads, then NTL may just exceed expectations. DYOR imo etc

NTL Price at posting: 0.5¢ Sentiment: Buy Disclosure: Held
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0 Great analysis

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G'day DG, If you compare my assumptions and table in this post:...

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