NTU northern minerals limited

"The only reason this company is still around today is because...

  1. 5,996 Posts.
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    "The only reason this company is still around today is because of Chinese investment over the last 14 years."

    It appears China holds around 20% of NTU through on-market purchases and in defiance of Australian law. To characterise this level of ownership as keeping NTU alive is fantasy.

    ILU has added fresh capital and stands ready to contribute more. The Wolverine orebody is essential for it's Eneabba REE project and I expect ILU to take over NTU sometime in the future.

    Meanwhile, we await the updated DFS and financing arrangements - once the FIRB knocks Chinese investment back to portfolio levels.

    Who knows, holders might get an opportunity to buy that Chinese holding at fire sale prices when the FIRB orders divestment.

    Ash
 
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(20min delay)
Last
3.3¢
Change
-0.002(5.71%)
Mkt cap ! $275.7M
Open High Low Value Volume
3.4¢ 3.5¢ 3.3¢ $107.5K 3.169M

Buyers (Bids)

No. Vol. Price($)
5 999307 3.3¢
 

Sellers (Offers)

Price($) Vol. No.
3.4¢ 545856 2
View Market Depth
Last trade - 16.10pm 29/07/2025 (20 minute delay) ?
NTU (ASX) Chart
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