NTU 0.00% 3.4¢ northern minerals limited

From the Lynas Corp website: Mt Weld, with its very high grade...

  1. 1,794 Posts.
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    From the Lynas Corp website: Mt Weld, with its very high grade contains light Rare Earths and is also high in Europium, a heavy Rare Earth.

    LYC's motive for taking a stake in NTU had nothing to do with capital gain, it was bought because they saw Chinese ownership of NTU as a potential threat to their business at a later date.

    Due diligence prior to purchasing this share should provide all the information you need with regards to the thwarted Chinese bid.

    KC
 
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