NTL: Net loss of NZ$2.26M, auditor disclaimer, and ongoing funding uncertainty despite operational progress

Key milestones included commissioning a processing plant, first gold concentrate production, and securing offtake agreements, but the year ended with a net loss of NZ$2.26 million due to higher costs and insufficient production. The auditor issued a disclaimer of opinion, and material uncertainty remains over going concern due to low cash reserves and reliance on future capital raises.

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