NTU 0.00% 2.0¢ northern minerals limited

Who would want to take over a company without a viable business...

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  1. 5,056 Posts.
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    Who would want to take over a company without a viable business plan?

    The R&D pilot plant is not intended to be profitable and is simply a means to try and buy more time for the company by wasting Australain tax payers money IMO.

    The only time this company might be taken over is when administrators are appointed to recover money owed to debtors which is very possible in the medium term. Dy price showing no sign of improving anytime soon regardless of the fantasy stories being told by GB about the start of the EV revolution and demand growth. In fact every report I read indicates Dy price will be going as there is a massive oversupply issue. Every single one of the companies Dy demand and price forecasts have been totally wrong and never been close to reality.
 
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