What NTU achieved on Monday 2 November 2015 is of major significance.
NTU is a rare earth project developer and have been able to raise $10.6M combined from two different sources:
from the Americans:
The Lind Partners LLC - USD$4M @ 0.71 exchange rate = AUD$5.6M
http://www.stocknessmonster.com/news-item?S=NTU&E=ASX&N=740908
from the Chinese:
Jien Mining converts AUD$5M convertible notes to shares = AUD$5M
http://www.stocknessmonster.com/news-item?S=NTU&E=ASX&N=740917
Question:
I would like to know what other similar rare earth projects developers have in recent times (during a period of depressed rare earth prices) been able to raise such substantial amounts.
Question:
I would also like to know if other similar rare earth project developers that have raised money, have been able to do it on similar favourable terms as disclosed in the Lind Partner offer to NTU: "This financing is repayable over an 18 month period from the date of the drawdown. Each repayment is to be made on a monthly basis, at the Company’s option (that's at NTU's option), either through cash, shares or combination of both."
- Forums
- ASX - By Stock
- $10.6M raised - who else has achieved similar
NTU
northern minerals limited
Add to My Watchlist
0.00%
!
3.8¢

What NTU achieved on Monday 2 November 2015 is of major...
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
3.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $317.5M |
Open | High | Low | Value | Volume |
3.8¢ | 4.0¢ | 3.8¢ | $145.7K | 3.760M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
20 | 2208539 | 3.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 2705136 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 2122318 | 0.038 |
9 | 2027756 | 0.037 |
10 | 1591555 | 0.036 |
32 | 6292552 | 0.035 |
7 | 1337909 | 0.034 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 2699581 | 3 |
0.040 | 2947428 | 10 |
0.041 | 4594117 | 4 |
0.042 | 5502547 | 16 |
0.043 | 5846093 | 8 |
Last trade - 16.10pm 19/09/2025 (20 minute delay) ? |
Featured News
NTU (ASX) Chart |