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7.69% 3.5¢ northern minerals limited

Ann: NTU Announce First Equipment Components Hit Australian Shore, page-48

  1. goofy
    5,056 Posts.
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    13/11/17
    14:33
    Post #: 28740221
    NTU has already released a DFS for the Browns Range Project and it was unviable, which is what a few very knowledgable posters have been saying over the years on this forum.

    The pilot plant is an R&D project which means no PFS or DFS required. As we know because it is an R&D project it entitles NTU to tax rebates to help cover losses.

    GB has done an amazing job keeping this company afloat for so long considering the company has been through so many failed business plans. Only delaying the inevitable though.
    NTU Price at posting: 11.3¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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