NTU northern minerals limited

Ann: NTU Commences second phase drilling campaign, page-3

  1. 2,182 Posts.
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    End of March 2021 $24.4 million in bank, so I don't think so CR. YET.

    It does look like the desperation is starting to kick in searching for some viable reserves.
    Really how long are they going to keep extending these exploration campaigns for.

    July 2020 $4.5-$5.0 million "Our significant commitment to exploration in the next 6-12 months"

    12 months down the track:
    Reinforcing the company's long-term commitment to exploration, the board recently approved a substantial budget of approx $10 million for 2021-22




    Maybe, just maybe, there are actually NO viable reserves even out there!!!


    .
 
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