NTU (ASX) Ann: $27 Million Funding Package

Originally posted by Anndy: ↑

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stevenlala You ask
Q: "Why you spend so much time on this stock?"

A: Am I to assume that you may have read some of my past posts for you to ask this question, or is it that you have just seen the number of times that I have posted.

If you have read some of my postings you maybe able to see as to why I have a interest in the Tanami Desert story, and you would possibly be able to gauge my opinion of NTU.
This is a public forum and not many here wish to discuss what they view as either +or- regarding this venture.

You also write, "Not held at the moment. But interest in the recent capital issue announcement."
What is your interest into the latest Funding Package?

My opinion of the latest funding package is that it just buys NTU more time, as to how much time, this will be wait and see. When the quarterly reports start to show the costings and earnings as to this venture, one will then be able to determine as to whether this venture is financially viable to stand on its own.

Do I think this venture into the future can stand on its own two feet, No atm I don't.
My reason for my "No" opinion is drawn from NTU's public announced information, and from closely listing to and watching George Bauk in his presentations, crossed with the World Rare Earths market, supply chain, consumption, demand, end users, and all the happy happy story's that tag along.

As to why Northern Rare Earth Industrial Group is looking to take a $25,000,000 position in NTU if it is given all the green lights and then becomes the major shareholder, I guess we will just have to watch that space.
Q: Apart from a 17.2% interest in NTU, and becoming the major shareholder, what do they stand to gain from chipping in $25 mill? that is if they receive all the approvals, and don't change their mind along the way.

Is there anything in relation to NTU that you would like to discuss on this forum?

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Thanks for replying. As I said I only notice this company from last capital rising announcement. I know nothing about this company yet. Since I hold GGG when shanhe put similar strategic holding but with huge discount and ggg still went from 5c to 16c. That's why I start to look at some post in here. I saw a couple of post you put on this forum and you also noted not held. That's why I asked if you are not interest in holding this company and why bother to spend so much time on it.

No.	Vol.	Price($)
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2298508

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2.1¢

2046207

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7	389264	0.083
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0.084	125000	1
0.085	2235656	8
0.086	308648	5
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398808

(20min delay)
Last 2.0¢		Change 0.000(0.00%)		Mkt cap ! $135.9M

Open	High	Low	Value	Volume
2.1¢	2.1¢	2.0¢	$43.20K	2.072M

Ann: $27 Million Funding Package, page-11

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