NTU 5.00% 2.1¢ northern minerals limited

Ann: A$20 Million Placement, page-5

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  1. 171 Posts.
    lightbulb Created with Sketch. 38
    so options at $0.074 in 3 years time. Translates to an anticipated 50% share price increase in the next 3 years. Not really a stunning investment unless the Investors have been told more details of plans and have an expectation that they will realise somewhat more than 50% increase in SP.

    If that is the case then I am disappointed that retail investors weren't presented with an option to be included in the CR.
 
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