GL, I certainly support your sentiments, unfortunately have very different perspective on this company.
Should you interested go back and have a look at asx007 posts, an experienced geologist familiar with the area and LT SH who sold out when the Board passed control to Conglin for supposed fast track development, five years ago.
His attitude was retain existing ownership and fully explore the territory to prove up a much larger, viable resource, one that would allow NTU to raise CapEx without selling its soul.
https://hotcopper.com.au/threads/an...2011993/page-16?post_id=11935717#.W0S1cNUzZhE
Five years later, same skinny little resource, SH base massively diluted, limping along to a 3yr loss making "pilot", and any attempt to describe the cobbled together funding would get me suspended (have you worked out the effective interest rate Lind laundromat?).
And NOW they want to go exploring...........
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Mkt cap ! $135.9M |
Open | High | Low | Value | Volume |
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1 | 100000 | 0.082 |
3 | 26500 | 0.081 |
6 | 683055 | 0.080 |
1 | 102400 | 0.078 |
Price($) | Vol. | No. |
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0.084 | 125000 | 1 |
0.085 | 2235656 | 8 |
0.086 | 308648 | 5 |
0.087 | 418480 | 5 |
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