NTU 7.14% 2.6¢ northern minerals limited

Ann: Trading Halt, page-5

  1. 1,717 Posts.
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    Undaunted not to split hairs, but in NTU's 15/02/2022 presentation:
    "A twelve year $300m journey" and there has been more added since then.

    Will NTU be staring down the barrel of a possible approaching $500m CAPEX for a beneficiation/concentrate plant?
    And where will it all come from.

    The updated DFS will be an interesting read imo
    As NTU well know, they were unable to produce a carbonate cost effectively, hence the step back to a concentrate.
    Question will be, can this be achieved, and turn some worthy positive returns to share amongst the ?Billion shares that will exist then.


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