NTU 9.09% 2.0¢ northern minerals limited

"Grade doesnt determine viability or profitabilty."It is a major...

  1. 5,056 Posts.
    lightbulb Created with Sketch. 242
    "Grade doesnt determine viability or profitabilty."

    It is a major factor when utilizing traditional SX tech. Not aware of any other tech that has been proven at commercial scale to date and certainly not aware of any profitable RE companies in production that have a low grade resource.


    "You cant judge the worthiness/profitability of an individual company based on general market fundementals."


    General RE market fundamentals are an excellent indicator of which wannabe RE junior has a chance or is just dreaming. Yet to come across one RE junior that has any chance of becoming a profitable producer. Every one of them are basing their Definitive Fantasy Studies on exaggerated REO prices.


    Too many dreamers who are out of their depth which is clearly evident ATM IMO.


    Heres your chance to prove me wrong. What is your buy sentiment case for NTU?




 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
(20min delay)
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
View Market Depth
Last trade - 16.10pm 28/11/2024 (20 minute delay) ?
NTU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.