NTU 9.52% 1.9¢ northern minerals limited

Ann: NTU Corporate presentation - investor roadshow September 19, page-50

  1. 1,743 Posts.
    lightbulb Created with Sketch. 676
    .


    "aims to be the next significant dysprosium producer outside of China"

    "Northern Minerals Limited (ASX: NTU) is focussed on the development of heavy rare earths projects, in particular the element dysprosium. Through the development of its flagship project, Browns Range, Northern Minerals aims to be the next significant dysprosium producer outside of China".
    http://northernminerals.com.au/


    Once again nro you have put up some links (albeit from over a year ago) which through substantiation here have been shown to be misleading and incorrect media publishing's.

    It is true, that "one day" NTU hope to have a larger processing plant, and that they hope to be adding 279 tonne of DyO and other elements into the market annually
    But That Is One Day, and that one day by my calculations IS AT THE VERY MINIMUM 7 years away to have finished product on plate.

    It is also true that NTU hope to have their pilot plant which has been in operation for over a year now running at nameplate by the end of the year. Only time will tell if they will be able to achieve this milestone. If unachievable this company as they have already said will have to keep tapping the market for even more cash for longer.

    Lets not kid ourselves here:
    Without Millions More Poured Into This Venture, It "WILL" Shut Up Shop! SIMPLE Fundamental Fact!


    Punters you don't have to believe what NTU are telling you in their Statutory Accounts, but you should, because they are telling you how it is!!!


    .
    "aims to be the next significant dysprosium producer outside of China"

    All Just A Long! Long!! Long!!! Distant Aim ATM

    .
 
watchlist Created with Sketch. Add NTU (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.