NTU 0.00% 2.0¢ northern minerals limited

Aus "Since Dec 16 State Reserve has purchased a massive 1620t of...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 1,747 Posts.
    lightbulb Created with Sketch. 677
    Aus
    "Since Dec 16 State Reserve has purchased a massive 1620t of DyO out of the market at 1250 yet prices simply fell further."

    Adding another prospective to the picture.
    NTU like to put it out there that in their annual carbonate mix it will contain 49,000 kg of Dy.
    Now as I'm sure that most would be fully aware, that is only 49 tonne.
    So the State Reserve (SO FAR) has put aside the equivalent of 33 YEARS of NTU's annual pilot production, the exception is that the State's Reserve has been processed/refined to Dy Oxide.

    Do the research, do the math, and I believe therein lies the answer as to why NTU have not released a DFS tailored specifically to the pilot plant project.


    ...
 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
(20min delay)
Last
2.0¢
Change
0.000(0.00%)
Mkt cap ! $140.0M
Open High Low Value Volume
2.1¢ 2.1¢ 2.0¢ $11.50K 555.6K

Buyers (Bids)

No. Vol. Price($)
8 1608965 2.0¢
 

Sellers (Offers)

Price($) Vol. No.
2.1¢ 6032136 12
View Market Depth
Last trade - 16.10pm 01/11/2024 (20 minute delay) ?
NTU (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.