NTU 0.00% 2.0¢ northern minerals limited

Ann: SPP to fund growth initiatives and Browns Range taking shape, page-2

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  1. 5,056 Posts.
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    The enhancement initiatives include;

    1. an increase in the exploration budget aimed at increasing the life of the potential large-scale project from 11 to 20+ years,

      This is something that should have been done a long time ago. Better late then never but I believe it's far too late now.

    2. studies of downstream processing options focussed on increasing the suite, and value of revenue products,

      Sounds like they are searching for a magic pudding. Good luck!

    3. optimisation of mining and processing options learnt from the Pilot Plant Project to date as well as

      May have learnt somethings from mining because that's all they have achieved operationally this far. Not sure what they can learn about processing options as nothing has been processed to date. Sounds like fluff to me.

    4. the potential for new acquisitions in the rare earth sector.

      This made me ROFLOL. NTU's is struggling to raise money just to build an R&D pilot plant, is heavily in debt and the company is talking about making acquisitions in the LRE sector. Pull the other one.
      I just can't understand how anyone could believe this nonsense
      .

 
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