NTU 9.09% 2.0¢ northern minerals limited

why the spike ??, page-13

  1. 2,962 Posts.
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    "The Company has received many approaches from permanent magnet producers in the US, Europe, South Korea and Japan regarding the potential for the sale of separated rare earth oxide products..."


    And how exactly does everyone here think NTU is going to be selling "separated rare earth oxide products"?
    Going by previous playbook they will announce MOU then follow with a raising just after, going to hard to sell separated products as only option is "Toll Processing", they can't raise anywhere near enough to build a separation facility.
    Raising is still coming and I'm still waiting, happy to be wrong and miss the ride, have some other high risk plays in mind and am happy to sit patiently for now.
 
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