Personally I doubt that NTU will go the full yards. If it proves a resource it would have no trouble raising the funds to build a concentration plant. It would then have a product that would be in demand, particularly by China and I think they would outbid the rest of the world for the supply. That is what I see is most likely to happen. My investment in NTU is based on this as the most likely senario. It also brings them to earning income after about 2 years.
I'm not always right. The first step is for them to prove the resource.If they can do that then there will be other flow on effects. lynas will benefit regardless as may other neighbouring minnows like QUR.
accumulating, page-21
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Last
3.5¢ |
Change
0.001(1.47%) |
Mkt cap ! $206.8M | |||
| Open | High | Low | Value | Volume |
| 3.4¢ | 3.5¢ | 3.4¢ | $10.56K | 306.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2277342 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1182767 | 5 |
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| Last trade - 11.03am 09/07/2024 (20 minute delay) ? |
| NTU (ASX) Chart |