Fair enough. Myself, I prefer to move on from dogs and focus on those opportunities that have chance to create the multi-bagger - there are more things going in the resource space on than I have the energy to pursue so why waste time on something that is dead in the water, if that is what you really believe.
Having said that, I respect people that put their time into giving well thought out reasons as to why a project/company/resource stink so hats off.
In this case though, although accepting that dollar turnover is not large (shares have touched 10c while typing this on $100k t/o) , the price is steadily advancing and there is a determined buyer (or buyers) that is front-running the pack. Also, handing NTU $3M seems to be a strange way of torpedoing the project even if they don't come up with the rest of the required dollars. You could invoke a Jien scenario and say that they will just tie up NTU for the next 12 months and not part with the other $27M while waiting for PRC/FIRB "approval" but it would be easier to do nothing and let NTU fall over by itself in that case?
I have seen the debates about Dy reduction in REE magnets but I think you should be open to the possibility that not all of the required information is in the public space. Keeping a cynical but open view until the end of September at least seems to be the way to go and watching the price action.
Best Rgds
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Fair enough. Myself, I prefer to move on from dogs and focus on...
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $200.9M |
Open | High | Low | Value | Volume |
3.4¢ | 3.5¢ | 3.4¢ | $99.95K | 2.937M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 554507 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.5¢ | 470727 | 5 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 554507 | 0.034 |
8 | 599111 | 0.033 |
11 | 1618439 | 0.032 |
6 | 1870000 | 0.031 |
23 | 5718069 | 0.030 |
Price($) | Vol. | No. |
---|---|---|
0.035 | 452199 | 4 |
0.036 | 1825781 | 4 |
0.037 | 682494 | 7 |
0.038 | 1026316 | 2 |
0.039 | 50000 | 1 |
Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
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NTU (ASX) Chart |