NTU 0.00% 2.0¢ northern minerals limited

Can someone explain to me why this company would be taking on...

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  1. 427 Posts.
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    Can someone explain to me why this company would be taking on high interest rate debt with out any cashflow to pay for it - surely this is a receipe for disaster ?

    Also why would anyone be willing to lend them the money on these terms?

    Interested observer
 
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