NTU 9.09% 2.0¢ northern minerals limited

Is it time for Care and Maintenance?, page-65

  1. 5,056 Posts.
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    You can’t even answer a simple question that relates to the real world by using your own logic. 

    Your convoluted argument has morphed from two difintive statements into a generalisation that applies to all RE companies. You obviously realised the error of your ways as the discussion progressed when you realised your logic would have been a complete contradiction when trying to explain your NTU investment case, which is why you are obviously avoiding my NTU related question which actually disproves your subjective opinion. Can’t get more factual than that dude. 

    Let’s try again.

    NTU has an uneconomical low grade resource that requires REO prices to increase substantially to become economical. I have used two factors, grade and REO prices, to determine the profitability, viability, worthiness of NTU. You have a buy sentiment on NTU but claim that grade and REO price, which is a general RE market fundamental, can not be used to determine NTU’s profitability, viability, worthiness. So explain to me your NTU investment case using your “logic“? 
 
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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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