NTM - NT Minerals

[camaybay]

I did a calculation on the ann and came up with 22 cents. The next day sp was 19, then jumped to 22, with no news.

cheers

DYOR

 

[camaybay]

to days cp 0.02, low of 0.019, with dilution of 25% in the spp, how can the price gain? My offer documents have been filed. "ted said the're dreamin"

Cheers

DYOR

 

[jancha]

In regard to RCP offer...If I am holding shares on the 18th of Aug & sell on the 19th. Would I still be elligible for the 15% discount offer?

 

[camaybay]

In regard to RCP offer...If I am holding shares on the 18th of Aug & sell on the 19th. Would I still be elligible for the 15% discount offer?

"The right to participate in the offer under the Plan is available exclusively to those persons who are registered as holders of fully paid ordinary shares in the capital of Redbank (Shares) at 5pm (WST) on the Record Date of 18 August 2009 and whose registered address is in Australia (Eligible Shareholders)."

So you are eligible jancha,

Cheers

 

[Chil020]

Anyone know what happening with these guys? I see some shares got issued friday, I presume this means they have cash to go ahead with day to day opps, but but who pays for the expansion plans? are they expecting to be bought out? Does anyone know about managements track record in getting the red stuff out of the ground to plan? Cheers Im curious only

 

[doogie_goes_off]

The swindlers from Stirling Resources have done it again, taking a large equity stake in a small cap with good resource numbers, I'm expecting a hostile attempt at a board takeover like they did with PEX, could get messy.. I presume they weren't a parent company or anything and I'm not speaking out of turn.

 

[doogie_goes_off]

After watching for a while I hold and looking at the previous presentation, could be undervalued once commisioning is underway. One to watch as a move to small scale production and potential for associated cash flow improvement.

 

[Swervin Mervin]

Not much love over on the RCP threads for a fair while. I noticed it broke out of its range on Friday so jumped on to see where it goes next week. Ended up averaging 13c so a bit risky considering a red lead from Wall Street.

 

[frugal.rock]

Not much love over on the RCP threads for a fair while. I noticed it broke out of its range on Friday so jumped on to see where it goes next week. Ended up averaging 13c so a bit risky considering a red lead from Wall Street.

Hope that goes well for you Swervin.

There was a bum rush on copper futures US Thursday, thus the rush on copper here Friday...

Not all in on RLT anymore?

 

[Swervin Mervin]

Hope that goes well for you Swervin.

View attachment 120722

There was a bum rush on copper futures US Thursday, thus the rush on copper here Friday...

Not all in on RLT anymore?

Hi mate no this was to good to miss out on. I sold 1/3 of my RLT and put it into RCP. RCP is looking like it wants to go a bit further so I might have time to buy back in to RLT but if not I’m happy with what this offers. Checkout the webinars on youtube from the end of last year. Its actually a lot less stressful being diversified ?

 

[sptrawler]

I bought Redbank copper a long time ago, I think from memory it was about 300,000, the thread reminded me so I looked at the portfolio they aren'there.
I assume they consolidated into oblivion and then had a compulsory clean up of small holdings, wash rinse repeat maybe?
I wont be buying. ?
Just my thoughts from my memories.?
Has it still got the tenament up near the Gulf? and the small processing plant?

 

[Dona Ferentes]

has RCP been around for nearly 30 years?

I bought Redbank copper a long time ago, I think from memory it was about 300,000, the thread reminded me so I looked at the portfolio they aren'there.
I assume they consolidated into oblivion and then had a compulsory clean up of small holdings, wash rinse repeat maybe?

Has it still got the tenement up near the Gulf? and the small processing plant?

Yes but any stake would be negligible. Wash rinse repeat definitely

Most recently Feb 2021 ▪ A$7.43M secured from new and existing investors to fund 2021 exploration programs at Redbank Copper Project in McArthur Basin
01/09/2020 .... company undertaking a private placement to sophisticated investors for 72,000,000 new shares at a price of $0.025 per share to raise $1.8m. Funds raised will be used to progress the Sandy Flat Rehabilitation Project, the Millers Creek Project, settlement of liabilities and working capital.
....,,,,,....... small share sale facility in there somewhere.
31 Oct 2017 ..... consolidation of its securities in which shareholders get 1 share for every 20 presently owned.
15 Mar 2010 .... company consolidated its shares 1 for 10.
16 July 2009 ..... name changed from Redbank Mines Limited

.... but the optimists, the insiders, the scrunters, the spivs, the dreamers live on

 

[sptrawler]

Yes I bought them when I was working, as a laugh, a workmate bought 3,000,000, it was a speculative play.
I must ask him how many he has. Lol

 

[Swervin Mervin]

RCP found its mojo again today

 

[greggles]

No luck for Redbank Copper at drill targets east of the Bluff Copper Deposit. A total of 30 holes were completed in Q4 2021 and the best results were 7m @ 0.37% Cu from 108-115m in drillhole 21BE025 and 1m @ 1.6 % Cu from 185m in drillhole 21BE030 in the Lower Wollogorang Formation.

That's a terrible result from 30 drill holes. An expensive misstep by RCP that will send them back to the drawing board with their tail between their legs.

RCP getting hammered today, currently down almost 32% to 3.9c.

 

[System]

On June 20th, 2022, Redbank Copper Limited (RCP) changed its name and ASX code to NT Minerals Limited (NTM).