NTU 0.00% 2.0¢ northern minerals limited

Ann: Full Year Statutory Accounts, page-3

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  1. 454 Posts.
    lightbulb Created with Sketch. 55
    It is interesting in the report to see that apart from the paragraph headings in bold, their is one and ONLY one other section in bold. On page 27 in regards to the R&D incentive and in relation to the claims/review. And on page 72 it touches again in relation to the R&D tax incentive.
    Is their some concern in regards here?
    Why in bold?

    Have they received the rebate yet?
    Are their claims being reviewed? I would not be surprised if they were. IMO the Government knows that the R&D incentive is being milked by some.
    If they have not received their claim and payed back the $'s how much is the 14% costing a week. Adding around another $48,000 a week to their owing imo.

    Now IMO if they had have already received this return I would have thought we would have seen a bells and whistle announcement, even though they have to pay most/if not all and more back.

    With all the shares that have been printed for Lind I would have thought they would have scored a position in the top 10 shareholders, but then again maybe they are just selling, and the last top 10 I can find is from 30th April.

    I am still making my way through the report.

    The coming 1/4 report is going to be "very" interesting imo

    .
 
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