NTU 0.00% 2.0¢ northern minerals limited

Ann: $9.7M funding package, SPP and strategic development plans, page-5

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  1. 515 Posts.
    lightbulb Created with Sketch. 22
    So essentially they would still gather their needed 9 million and

    1. Without this crazy dillution.

    2. Without bringing in an outside investor at incredibly favourable (and questionable??) terms. If they were in the USA they would have about 4-5 class actions to deal with right now..

    2. Without screwing offshore investors and loosing credibility.

    3. Without taking on a 5MAUD financing facility.

    4. Without this ridiculous and totally unprofessional plan they offer. (it is just for laughs..5k,10k,15k without link to current share count...like selling tomatoes in a bazaar). They really need to grow up and bocome more professional/ or change financial advisors. A total disgrace.

    Having said that it is still a good investment opportunity I guess, but an investor must be two times careful with them now..
 
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