We continue to wait...Wolverine concentrate DFS release and FID target dates slip by 1Q to 4Q/2024 and 1Q/2025 respectively, at lease with all the scrutiny provided of the DFS by the ITE for the benefit of the prospective lenders it will be more robust than many other recent RE project feasibility studies.
With $15.7m left in the kitty as of 31st March it will require a tight grip on the expenses reigns if they are to make it to the DFS release without a cap raise.
It will be interesting to see if we see any NTU specific outcomes of the AusGov's revision of investment guidelines for critical minerals projects before the AGM/EGM, now slated for June 6th...GLTAH!
NTU Price at posting:
3.4¢ Sentiment: None Disclosure: Held
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