NTU 9.09% 2.0¢ northern minerals limited

Ann: Variation to Loan Agreement, page-24

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  1. 454 Posts.
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    Oldtimer46 Iv'e been following this slow moving train wreck and have been posting here for some years now.
    What strikes me with those who follow and read this forum is that there have only been a few that have had a crack at attempting to discuss NTU and their business plan to any such depth. Most have moved on, I think they worked out that they were on the wrong train.

    In relation to lying, I would say that the glossies contain wordings and phrases that could well be challenged, but as long as the punters believe the fluff it is working, it is keeping them happy whilst the company is being diluted and the share price is heading south, economic value was going to kick in one day or another.

    In relation to LYC as I said this is an NTU thread, see if you can stick to discussing the stock. LYC has no ties or affiliations anymore to NTU.

    Do you think that the $27 million funding will eventuate?
    Would you pay 9c-10c and 11 cents for these shares? or a 75%-95% and 115% premium (at last traded price) to dilute a company with another 262,626,262 shares adding to the already 1.19 Billion.
    If sophisticated investors are that reckless with there money they're definitely not that smart. IMO of course.

    Maybe you could bring some substance to the thread in relation to NTU that could be discussed. Maybe in relation to JHY flipping in $4,000,000 pips @16% interest rate to keep the company afloat, possibly trying to protect their 2.8% share holdings.

    17th Dec "NRE has informed the company that some funds could be received in the coming week". Anyone see a pattern? guess they did say could

    hasta la vista


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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
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