NTU 0.00% 2.0¢ northern minerals limited

Is it time for Care and Maintenance?, page-156

  1. 252 Posts.
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    Looking at the cash position detailed in the Appendix 5B released on the 01/11/18, the company is gasping for financial oxygen: no receipts from customers, large debt, expected opex for the next quarter exceeds cash position by $1M & to top it off, funding delayed. Probably prudent to stay on the sidelines.
 
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