Over the past circa 2 decades, NTU has failed to develop a viable business plan. You would have to be pretty special to think that a small patch of ultra low grade RE, underground mining and a 10 year LOM is a great business plan. But then not surprising considering the RE sector is one of the most over hyped, if not the most over hyped sector.
Lynas bailed on this company long ago and since has had zero interest since. That’s telling.
NTU Price at posting:
2.9¢ Sentiment: None Disclosure: Not Held
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