NTL - Live Depth Chart, page-34

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Rx7driftking

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08/06/17

13:31

Post #: 25173897
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Originally posted by robbo24 ↑

This is part of what I was saying about proving and expanding the Talisman and Talisman Deeps JORC resources through bulk sampling - the geos will be able to calculate stuff while the company generates cash flow.

Page 7 of the Offer Document dated 10 June 2015 says: http://www.asx.com.au/asxpdf/20150610/pdf/42z33n9t85z2bj.pdf

Similar operations are planned on the Dubbo. The Dubbo Shoot when it was last mined in 1992 produced significant grades as high 3000g/t gold (around 100oz/t). NTL intends to increase its level of confidence in and expand its current JORC 2004 resource in Dubbo during this phase and to determine the extent of the continuation of the Dubbo Shoot at depth and along strike.

Page 7 of the Rights Issue Offer Document from 6 May 2014 says: http://www.asx.com.au/asxpdf/20140506/pdf/42pg66ycd51h10.pdf

The initial focus will be the upgrade of the mine and removal of high grade stockpiles for processing. These high grade stockpiles have been tested and have provided indicative grades ranging from <1gt up to 10,000 g/t (1% gold). The proceeds from treating the stockpiles will be reinvested into the project and mine development.

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Oh that article seen it before in 2015 wasn't a share holder but I was Daymn and wouldn't mind participating in that raise when I saw NTL on the bird I had a quick look again and the name facts came together a bit more faster as I have heard of NTL before

Sit and wait I'm not too sure what we are expecting anytime soon

But an update on the mine site seems on the card?
Unless I'm missing something

Yes bulk sampling takes time but I don't need to worry

NTL Price at posting: 0.7¢ Sentiment: Buy Disclosure: Held
3 Upvote

0 Great analysis

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NTL - Live Depth Chart, page-34

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