NTU 9.09% 2.0¢ northern minerals limited

Ann: NTU Browns Range Heavy Rare Earth Pilot Plant - May Update, page-5

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  1. 454 Posts.
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    Yes all seems to have gone quiet on the NTU announcement front.
    I'm guessing that something may be released before the next Quarterly Cash-flow and Activities Reports are released.
    Just a little something to keep the positive excitement there while Dy looks to have found a value that is not that positive to this project IMO. My opinion formed from what NTU have published and from GBauk's webcast presentation's in relation to Dy and pricing.

    Maybe a $22,375,000 R&D rebate from the Gov, $17,900,000 of which I assume has to be returned to Brevet.
    Or maybe the early 2018 Sales Agreement pre-payment of $10,000,000.
    With $14,894,00 left from last quarterly Cash-flow report, and an expected outflow of $13,346,000 I can only assume that the dollars would be be getting a little tight.

    I can't find the Argonaut reports on NTU's freshly revamped website, but all there other paid positivity ones seem to be there.
    http://northernminerals.com.au/wp-content/uploads/2016/10/16-10-12-Argonaut-Research-Note.pdf


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