NTU 0.00% 2.0¢ northern minerals limited

Capital Raising, page-24

  1. 454 Posts.
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    Always good to see share price climbing for those who are NTU holders. Who are the ones buying and selling, and who is walking this price up and down and for what purpose.

    In relation to Dazzler announcement, warm and fuzzy news to some but the 3/12/2018 announcement had already put it out there. I have no doubt an Iceman announcement will be in the winds somewhere.
    Found themselves another ship load of Yttrium, but still no Nd Pr jackpot.

    In my opinion I believe they will hit their production target output, how long this will take, who knows.
    I have said it before and I still believe that the pilot plant was scaled to take full advantage of Tax payers money through the R&D incentive scheme, and keeping annual sales under $20,000,000

    Do I believe that this pilot plant will ever be financially viable, atm I'm sure you can see that it is only through external dollars coming in that are keeping the gates open.
    I guess we will just have to wait and see If anyone comes forward to pay for the next quarters operations. From NTU's est cash outflows for this 1/4 ($8,655,000) and taking into account that they had $1,000,000 in the bank it is quiet clear atm that this show is not viable with out the likes of Liu's generosity.

    I have only heard GB mention a price for their carbonate once, and that was on an ozfin presso and he said when questioned as to price, 30-35 Aus a kg - We Will See
    @ $30-$35 a Kg will the sales from their 2578Kg shipment be around the $77,340 - $90,230
    Listen to the below link from 25.40 - 26.30 mark





    Last edited by Anndy: 14/03/19
 
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