While it hasnt been mentioned in any annual report or recent update by the company the application by Rahu Resources a wholly owned subsiduary must be nearing completion judging by the NZPAM website stating applied for in June 2023.
From prior announcments this permit carried a JORC resource 4 times larger than Mystery and historically a detailed(and expensive) work program so I guess with less than the money requied for its current production plan another Cap raise will be needed for Rahu exploration.
Any update Jonu ?
NTL Price at posting:
1.6¢ Sentiment: Sell Disclosure: Not Held
