NTU 0.00% 2.0¢ northern minerals limited

Very simple equation, that can't be corrupted by any amount of...

  1. 15,535 Posts.
    lightbulb Created with Sketch. 1627
    Very simple equation, that can't be corrupted by any amount of gobbledygook, the lower the grade the higher the cost of extraction (if only by mass that needs to be processed), the greater the vulnerability to mkt price.

    Clearly the process designed here is way too skinny to make anything like the recoveries necessary to meet the specs on a bare 52% con, nearly 60% of which is Yttrium anyway.

    So now they are promoting extra costs and delays to add magnetic separation on a wing and a prayer to make the 52%, that's not remotely economic in anyone's fantasy to start with.

    Anyone promoting a Buy scenario here really should look at a managed fund.
 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $135.9M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $43.20K 2.072M

Buyers (Bids)

No. Vol. Price($)
11 2298508 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 2046207 9
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
NTU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.