The Dark Horse in the Lanthanide Stakes, page-40

"The big thing about NTU is that we have money in the bank and not a massive
pile of shares on issue."

The way I read it is that if it had not been for the dollars coming in from sale of more shares last 1/4, the Bank account would have ended in the negative and that's not taking into account the current $39,900,00 owed to creditors (inclusive of $11 mil deferred sino payment), and atm clocking up $69,000 a week in interest repayments.

Do you think that there will be enough money to get this project up and running or will NTU require more?
This quarter after estimated spending would leave $1,554,000 in the bank.
ATM R&D rebate of $22,375,00 of which $17,900,000 is to be returned, So that would prop the Bank Acc up to the $6 mil mark.
Shares = 1,100,000,000 ATM - Not a massive pile?

And in regards to the $10mil early payment from the sales agreement with the Chinese recycling JFMAG, would you be coughing up $10 mil large without knowing if the plant is going to produce what you are so called after.

Does anyone believe that this project would have been viable without AUS tax payer funding to the tune of 43.5% in rebates?
And as I have said before, "IF" NTU thought that this plant was going to be profitable with the current RE prices, they would be shouting it aloud from the rooftops.
BUT THEY ARE NOT !

.