NTU 5.00% 2.1¢ northern minerals limited

Big dose of reality, page-9

  1. 2,962 Posts.
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    Phrases like "bonus issue" and "successful SPP" don't seem to fit with your view of NO debt and NO dilution to raise capital?
    Not that I'm saying dilution is the problem.
    The problem is the dilution only leads to a loss making plant which will then be used to justify even more dilution.
    Just doesn't seem like you seem to understand where the money for all this is coming from, there are no sales, very small amounts of debt are coming at incredibly high rates which then just gets shares thrown at it as there is no cash coming in to pay for it (other than shareholder cash).
    Let me know when the shorters get burnt by the way, I think you might be reading the charts upside down
 
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