Ann: NTU strengthens balance sheet with $20m placement, page-4

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A fool and his money are soon parted.

Completion of the 20M should be able to prop the share register up to ~1.84 Billion, and for a company that doesn't have positive cash flow one wont have to worry about dividends.

"The support for the Placement was excellent, with many parties now having a better understanding of the important roll of heavy rare earths in the electric vehicle sector."

Who's understanding have they been led to understand?
NTU is NOTHING but a supplier of carbonate to CHINA, and from process progress reports, they are Far from running at steady state.

Congratulations to George and team for finding some more suckers to pay your wages, until more funding is once again required. imo

And Don't Forget Punters Lynas Are Also A Dysprosium Producer And Have Been For Years!

John Friedrich - Alan Bond - Christopher Skase were all good salesmen.


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