.
It's all covered off ossieboy, they have NOT said POSITIVE cashflow.
Maybe the negative cashflow they have generated so far from the so called pilot plant doesn't count.
And yes GB's legacy of positive cashflow and nameplate sometime in 2019 will stick with him for years, but one has to remember this was said in an investment spin presentation.
Once again we see the spin to sucker in for MORE Donor Dilution Dollar$.
Will it again be Chinese dollars that keep managements pay packet and their Tanami Desert Can Kick Dream Alive, or will they finally manage to screw some Dollar$ from the States.
Placement being handled by New York-based corporate advisory outfit EAS Advisors.
Bids due by 5pm Monday.
What will be the divvy up % of the $20 mill @ $0.049c AFR
feasibility study for a processing plant.
mineral exploration.
and
general working capital.
Interesting that the article (The Market Herald) linked in post 51001057 says:
At this stage, Northern Minerals is yet to disclose how much it intends to raise or what it will use the money for.
Doesn't the Market Herald own HotCopper. Lol
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