NTU 0.00% 2.0¢ northern minerals limited

"I guess we'll have to wait and see NTUs "new business plan" but...

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  1. 2,962 Posts.
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    "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
 
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