re: Ann: $58m Funding to Completion of Feasib...
I feel very positive about what NTU has, which is why I have a lot of shares in them. But I am very disturbed about NTU getting desperate by selling off 16% of its prime HREE Browns Range Project.
Other than putting a lid on Conglins asset grab,we just need to get on with exploration and use our $30m to prove up 40,000t. Once we do that our shareholder wealth will automatically return to a much more realistic value.
Being an old ORM holder I have seen exactly what Conglin does to a company when he gets to much control. Like a director selling or buying Dudleys timing is interesting. Regardless of which company, of course directors have the inside track.
NTU Price at posting:
17.0¢ Sentiment: None Disclosure: Held
