NTU 1.79% 2.8¢ northern minerals limited

Ann: Northern Minerals enters into $30M equity funding agreement-NTU.AX, page-46

  1. 3,237 Posts.
    amazes me how you can keep trotting out this now obviously obsolete information,

    the fact is Amanda for Lynas has highlighting the significance of Dysprosium and Terbium in the last two Lynas quarterly activity reports and at diggers and dealers.

    NTU now also have a multi billion dollar Japanese giant sitting at their table ready to feast on NTU's Dysprosium and Terbium

    and now NTU have a new investor ready to kick in $30M to buy NTU shares at a 90% premium

    now compare that to the last Lynas capital raising - Lynas paid their broker 6% for around 2 months work, that's 36% annualized

    ... and the Lynas shares were issued at a deep discount to the market price - Lynas now have 3.7 billion shares on issue - when this is all done NTU will have around 730 million shares on issue

    things are not that bad for NTU, especially when compared to Lynas
 
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