NTU 0.00% 2.0¢ northern minerals limited

News: NTU Northern Minerals Says Co Entered Into Subscription Agreement With Liu Xiaohua, page-11

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    Liu Xiaohua has chipped in 2/3 of their promised chips, 
    • Liu Xiaohua don't be disappointed when you find that your $3,000,000 that dilutes NTU by another 50,000,000 shares, is now only Valued at $2,300,000, Hmmm where did that $700,000 go.confused.png

    • Now to find another $4,155,000 to balance the cash outflow for the 1/4.

    How would NTU cover their LLC 20 + million debt if the ATO finds that they do not qualify for a rebate?

    I know it is a day early from the year anniversary of Hallgarten report, but for those who splashed some cash in the belief of this report, I guess it has taught you something. 
    http://northernminerals.com.au/wp-content/uploads/2018/02/NTU_Hallgarten-Feb2018.pdf
    • Price (AUD) $0.091
    • 12-Month Target Price (AUD) $0.38  -  FAILED
    • Upside to Target 317.6% -  FAILED
    • How wrong you were Christopher!

    Punters don't you think that if this project had any bones of viability, NTU would easily be able to attract sophisticated investors and their $'s from Australia?



 
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