blooreeler I will take it that you are not going to provide the...

blooreeler I will take it that you are not going to provide the recent stockbrokers name who did this report. I will take the information provided by NTU over this supposed stockbroker report.


I believe the company when in their latest Full Year Statutory Accounts on page 6 under FINANCIAL POSITION AND GOING CONCERN say that the Group will need to raise additional funds.


I believe that if NTU presumed that they were going to be profitable, there would be price sensitive announcements to the market as they would be shouting it from the roof tops and pumping it in every paper. You can believe the pumpers or do the math.
I also take it that when NTU say that "Management has prepared a cash flow forecast" they have done the Math, but I don't see them releasing the full details to the punters.

Now if you refer back to a previous post 33044518 GB says, At some stage during 2019 there WILL BE positive cash flow.

One thing that has baffled me for some time now in regards to positive cash flow is that when you use the sales agreement $'s and the Annual 1100 tonnes of total carbonate produced I come up with a sales figure of $20 per kg of carbonate.
But when I look at RE carbonate pricing China (only 45% though purity, whereas NTU say theirs is 52%) the price without any taxing is Average 23,000 Yuan a metric tonne = AUD $ 4.70 per Kg
It just doesn't add up.

Now if NTU were getting $5.50 pr kg for their 52% carbonate that would = $6,050,000 annual sales or $116,346 weekly. George B said that the work force is now at 50 people, now lets say that it was "ONLY" costing $3000 per week per employee that alone would be $150,000.

I find that the company is extremely quiet ATM in regards to whats going on out there in the Tanami Desert. I'm anticipating that the first shipment hasn't departed yet.

From the Below Link, from 18th July:
"it anticipates starting shipments before the end of September"

http://www.mining.com/australias-northern-minerals-makes-first-rare-earth-pilot-plant/


. Good Luck .