NTU 9.09% 2.0¢ northern minerals limited

Ann: NTU Hallgarten and Company Coverage Update, page-85

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,962 Posts.
    lightbulb Created with Sketch. 194
    "I guess we'll have to wait and see NTUs "new business plan" but I doubt it will involve going into massive debt, on the verge of bankruptcy, issuing billions of shares and bonds, etc."

    Care to answer the question about where the cash WILL come from?
    No debt, no shares issued and no bonds but will somehow access hundreds of Million$?

    Look at the share price and work out how many would have to be issued to build a full sized plant and mine.
    A conservative estimate would be 4-5 Billion shares.

    Look at how many shares there are on issue now and what has come out of it, a loss making plant (actually it's not making a loss as it's not making anything).
    Still an explorer LOL
 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
NTU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.