We don't need Amer anymore Bobbyg99 - they came on the scene when NTL was a dual listed $4m company looking weak. Now we have cash to get into cash flow and a JV across the road with Newcrest.
As for NTL, here's a fact: NTL is the only NZX and/or ASX listed pure gold/silver mining play that has projects which are solely based in New Zealand.
If we assume NTL gets into production, it is both a bullish gold/silver investment and a hedge against falling NZD.
If USD goes up and gold goes up - like they have both been doing today - then it's a double win for NTL.
Watch this space![]()
We don't need Amer anymore Bobbyg99 - they came on the scene...
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