If the remaining Huatai Mining funding $18M does not eventuate then I believe the Chinese should be voted off the NTU board
I have no doubt that Jien Mining was bought into the NTU fold because of the Chinese connection on the NTU board and that transaction (filled with false promises) nearly sent NTU broke - and what happened next, those same Chinese directors were recently granted a large parcel of performance shares - what performance?? I haven't seen them perform.
If Huatai Mining also fails to deliver the remaining $18M funding then I believe it's time for NTU management to hold the Chinese board members accountable for there actions.
In the real world someone would have been sacked long ago for the debacle that transpired with the Jien transaction
NTU Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
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