NTU 0.00% 2.0¢ northern minerals limited

Looks Like The Company's Costings Have Been Revised Up by...

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  1. 454 Posts.
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    Looks Like The Company's Costings Have Been Revised Up by $13,000,000 min.

    "IF" the federal governments capex and opex R&D refund is at the higher end of the scale at 45%, that means that between the capex and opex for the pilot plant there has been a change of spend from the company, from around $71,000,000 up to $84,000,000, this is my evaluation according to the R&D Financing Facility change from $32m to now $38m in the latest presentation out today.

    I'm guessing hence the reason why these company funded presentations are still going on, looking for more suckers with more $'s to part with, IMO.

    Working on the (dodgy IMO) sales figures in the 100% sales agreement ATM.

    Dodgy meaning
    - dishonest or unreliable
    - potentially dangerous
    - of low quality
    ...
 
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