NTL new talisman gold mines limited

I can't find the mention of 6 months to production in the...

  1. 82 Posts.
    I can't find the mention of 6 months to production in the documentation around the capital raise - am I missing something?

    From 17/5/16 & 20/5/16 announcements

    1) Initiative bulk sampling
    "NTL will extract on average 650 tonnes per month for a period of 18 months to 24 months"
    NTL have advised they have initiated via announcement 5/7/16.
    "view to begin construction Q3 2016" - so I expect to hear more regarding this at end of Jan.

    2) Accelerating the bulk sampling programme
    " subject to optimal funding..."
    "build volumes....up to 20,000 cubic metres"
    Basically expansion of 1) - I think we can assume optimal funding was achieved

    3)Complete the feasibility study on the project
    Won't come until after 1)/2) started.

    4)Accelerating the transition from bulk sampling to Phase 1 of the longer term production plan
    This isn't due to start until 2018 based on the annual report.

    So 2017 - 2018 will be bulk sampling - full phase 1 production not until mid 2018 at best?
 
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