NTU 9.09% 2.0¢ northern minerals limited

why same trading numbers?, page-40

  1. 15,535 Posts.
    lightbulb Created with Sketch. 1627
    "resource is good"?

    One trick Dy pony, as it is steadily deleted from NdFeB and the Chinese operate @ 30% capacity, and still move large quantities to stockpile.

    Isolated skinny patches of resource, two now wiped, three < 0.3% TREO, much of the resource requires expensive underground mining, and their own paid analyst acknowledge $300/$400kg DyO values are required to be anything like viable.

    The resource is not even vaguely viable, most particularly where it is located.

    The "Dy deficit" story coined by another paid analyst looks more Alice in Wonderland by the day.
 
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