NTU 0.00% 2.0¢ northern minerals limited

. Could end up being a few MORE disgruntled holders by the time...

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  1. 454 Posts.
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    Could end up being a few MORE disgruntled holders by the time this all plays out, that's assuming they are able to get that far. Primero Group being held back from the race until end of March, who knows what their chips maybe worth then.

    What is really going on with the Funding? 15th of Oct 2018 till now, 3 Months & Zip $'s. Or is this also to be like the 10 million pre payment it will just disappear with no updated disclosure announcement.

    ATO and the 21+ million. Over the life of the pilot plant they were expecting to be eligible for up to 38 mill r&d tax incentives under the scheme. How long is this going to drag out for. Meanwhile I guess that LLC(ISF) will have their owing's growing with interest. Big Ouch.

    My punt is that more $'s will come from the top 10 holders to keep this lead air balloon floating, but would they bail out the LLC(ISF) debt, if the ATO were to knock back 50% of their claim and leave the company having to scrape together $10.5 million.
    With two weeks left to the end of the LLC(ISF) loan variation expiry, can the ATO saga be finalised or just another variation in the coming, and more accumulating interest.


    Starting To Really Look Like a Barbed-Wire Canoe. IMO



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