NTU 9.09% 2.0¢ northern minerals limited

Ann: Appendix 3B, page-27

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  1. 5,056 Posts.
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    NTU still hasn’t got enough money to build the plant dude. You really don’t think the recent cap raising and debt will actually be spent on that fluff they called growth initiatives. They haven’t even given an indication of when drilling will start to try and expand the current joke of an resource and ore reserve.
    Just wait until that off take agreement pre payments falls through. Just remember that to date any Chinese funding agreements have had a 100% failure rate.

    7 years of one unviable business plan after another and failed funding agreements all called correctly by yours truly and you think that by attempting to build a loss making R&D pilot plant I have somehow been proven wrong lol.

    BTW I have commended GB many times for keeping this company alive for so long. Nothing short of a miracle.

    Still doesn’t change the inevitable outcome though.
 
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