NTU 0.00% 2.6¢ northern minerals limited

Anyone know, page-43

  1. 344 Posts.
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    Any rational investors would not invest into this company for the reasons already highlighted by so many posters here. It is very obvious some posters choose to believe their story which is perfectly fine. Its their money afterall. There are lots of other rare earth miners worthy of investment.

    High CEO wages, high operating expenses, plant unable to achieve nameplate capacity, wrongly claim tax refunds, high short term debt, low cash after this quarter and continue to burn cash. Its going down to path of destruction.

    It can go bust anytime, clock is ticking.




 
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