So people don't have to search the threads, below are the links the 3 reports mentioned above.
Patersons - http://www.psl.com.au/research/your-market-daily#NTU
Hallgarten and Company - https://docs.google.com/viewer?a=v&q=cache:rE20_Zjp42QJ:ucore.com/Northern_Jan12.pdf+northern+Minerals+ntu+2012&hl=en&gl=au&pid=bl&srcid=ADGEESgOhf0sOagFNTkReEBtVIzsJLkNNllENlKqAZEsu7nnGeoftDBXb_Z9-FC0RTlkO328jnUmz4mtIip-6sU-QvdURvb7Sv_X-Xw6PWoL8Zkwkks7g8_QPvygZee8uopG1zNVqrwZ&sig=AHIEtbQmci3xXWDJJXzJZ_dvPMaLB2X4qw
DJ Carmichael -http://treo.typepad.com/files/ntu_investment_thesis_and_valuation.pdf
pattersons report, page-10
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