NIU 0.00% 2.0¢ niuminco group limited

Ann: Quarterly Cashflow Report, page-40

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  1. 707 Posts.
    Where does the company get money to cover costs? Last quarter $99000 in golds sales but lost $158000 with costs running the company. The low grade of 1.7g per ton is a worry. The grade needs to be 10g per ton. Surprised ASIC hasn't queried them.
 
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Currently unlisted public company.

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