NTU 2.86% 3.4¢ northern minerals limited

Ann: NOTICE OF DISPOSAL ORDERS OF INTERESTS IN NORTHERN MINERALS, page-46

  1. 5,459 Posts.
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    Amateurish, transparent trolling, kacy.

    China may be able to rearrange its mineral sourcing and impose higher transport costs all 'round, yet it cannot injure Australia this way. This is well understood by Aussie mining investors.

    Meanwhile, Western merchandise importers have moved to a China +1 model to reduce risk. Next, we will see 2 + China.

    I don't think you realise what a weak hand you hold.

    Turning to price action in NTU, I am bemused by the fresh mini-spike today to 3.6c with 2m traded so far today. Good luck putting any volume through at these levels. Just look at how threadbare the buy column is.

    37 1/2 trading days to go. Not once has the average 14m a day needed to clear the position been achieved so far.

    Ash
 
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