NTU 9.09% 2.0¢ northern minerals limited

Joins quite a long list now that have simply faded away after...

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  1. 15,535 Posts.
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    Joins quite a long list now that have simply faded away after totally failing to present any vaguely factual business case for hard rock mining HRE, just a heap of emotive fantasy that wears very thin, very quickly.

    Should the unlikely need arise beyond China's existing massive over capacity there will be plenty of higher grade concentrate readily available as by-product from already profitable NdPr operations, but even then it would probably take multiple of current values to be economic.

    Interesting study here of those so drunk on the KoolAid that they can't understand HRE is a tiny business that enjoyed a brief spike on paranoia & speculation, quickly lost half its end mkt in phosphors, and rapidly becoming a bit player in the other.

    Mega hangover pending here.
 
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Last
2.0¢
Change
-0.002(9.09%)
Mkt cap ! $135.9M
Open High Low Value Volume
2.2¢ 2.2¢ 2.0¢ $48.07K 2.306M

Buyers (Bids)

No. Vol. Price($)
22 6572864 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 700000 1
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Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
NTU (ASX) Chart
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