NTU 0.00% 2.8¢ northern minerals limited

where mega uranium goes assure abig rise, page-6

  1. 473 Posts.
    re: mega and areva in a takeover war there is no takeover war.... YET!!!

    the key point is that any significant find of uranium will see Mega jumping all over this company like a poodle on heat...

    Areva will then be buying up to increase their stake and to avoid a Mega takeover... which will see buying on large volume, pushing the price high to determine who is the highest bidder....

    of all the U hopefuls out there, this one has promise. The value of this company increases significantly if they find anything.

    Remember, only 40m shares on issue PLUS a 1 for 2 options issue to follow.

    Even at 60m shares, a price of $1 values it at a buck (and that does not take into account the $8m cash raised, plus the $4.8m that will be generated from the options exercise).

    I see upside
 
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