NTU 0.00% 2.0¢ northern minerals limited

Ann: Variation to Loan Agreement, page-48

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  1. 454 Posts.
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    Simple economics nro. NTU have now spent 3 months to produce 2578 kg of carbonate for shipment, I have no doubt that this number will increase, we shall see how long it takes to get to their target of 275,000 kg per 1/4. Remember they are only producing a carbonate not oxides.
    2578 kg is still a long way off the minimum 275,000 kg they hope to be churning out per 1/4, and as I said less than 1%. (just for you, atm)

    I don't give a toss whether you give my posts any effort to read in the future, we hold the same Sentiment and Disclosure, Sell and Not Held and I have put forward many reasons as to why I hold this view.

    Maybe you could try bringing some substantiated substance and quality reading to this thread.

    The Simply Reality with NTU is the Fact that they need to raise additional fund$, and to date this isn't looking very favorable. Pays to read the last Annual report to clarify their actual financial position.



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