NTU 0.00% 3.6¢ northern minerals limited

Ann: NTU - Browns Range operations to restart, page-2

  1. 1,708 Posts.
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    Looks like some more nails are getting hammered into the Tanami Desert coffin.

    What an announcement softening up for a future closure.

    Have said it before, mine life here for a scaled up plant is non existent.
    But hey lets keep drilling for another 6-12 months to see if we can underpin the ongoing ambition to develop a full-scale heavy rare earths mining and processing operation at Browns Range.

    CEO looks to have been shown the door and still looking for employment.
    Jobs to be lost.
    Director dumping 1,900,000 shares.
    No notification as to tranche 2 & 3 being paid.
    No sign of even a market for their product even if they were producing.
    Plant still looks like it has no ability to even reach nameplate.


    One will NOT be able to say that they didn't see this coming, or that they were NOT warned by NTU themselves.


    .
 
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