NTL new talisman gold mines limited
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NCM haven't explored Rahu. NCM spent $5m through LNY drilling...

  1. robbo24
    11,339 Posts.
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    26/07/17
    10:55
    Post #: 26084172
    NCM haven't explored Rahu. NCM spent $5m through LNY drilling permit areas that NTL abandoned a very long time ago. NTL carved out the Rahu permit area.

    NTL already has a JORC compliant resource at Rahu. NTL knows there is gold there but hasn't got around to deep drilling yet.

    Seeing as NTL may actually be in a financial position to drill it themselves I wouldn't mind seeing the 100% come back to us tbh. We had an MCAP of like $4m when the JV was signed.
    NTL Price at posting: 1.8¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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