NTU northern minerals limited

. "Am confident the various NTU trolls I have on ignore are of...

  1. 2,168 Posts.
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    "Am confident the various NTU trolls I have on ignore are of the same ilk."


    Would I be close to the mark in assuming that you were also confident that NTU was going to be annually producing/selling (profitably) a minimum of 1100t of RE carbonate to customers.
    The reason that I ask this, is because this is what NTU had been saying in relation to the "pilot plant"

    On how many levels have NTU failed to fulfil their own hopeful aspirations?


    The truth of the matter is that NTU have been the master of their own demise, sure they have some stalled pipeline aspirations out there atm, but they are just aspirations, just enough to keep some sort of a dim candle flicker on this operation.
    Read, and reread back through the years of announcements, and their failures become obviously apparent.


    Now after burning through $300+ million of kindly donated dilution dollar$, the company is once again having to look at raising capital just to keep stay afloat.
    Putting the cash burning pilot plant into care and maintenance only buys a little more time, but I guess that after 3 years of testing it has been a wake up call that their aspirations of it being anywhere near a cash flow positive operation have been answered.

    Who knows where NTU will end up, as they are saying they need an off-take agreement with whomever to purchase concentrate, and this is what underpins their strategy in moving forward.
    My question would be, can they even do just concentrate profitably, especially when they have tiny patches scattered everywhere, and so much in their reserve calculations would require very costly underground mining.


    Psalty I have no doubt that I may fall into your category of a "NTU trolls" so I am probably just wasting my time burning finger calories here, but if you seriously believe that those who post here (the ones that you have on ignore) have had anything to do with the failings of NTU, you are only kidding yourself.


    Always great to think and live life positively, but when parting with your hard earned dollars into company's, a little due diligence looking into the positives AND the negatives can save you, and actually make you money. After all, isn't making money one of the main reasons as to why one invests.


    It would be interesting to hear the opinions of those who have chipped in millions into this company, and as to their views if they think that it was a wise investment decision.
    Are they all lining up again to dilute their holdings even further?


    Looking at all the successful capital raising efforts of NTU, who knows this company may even outlive me, but WILL they EVER have a successful operation that can turn a profit?
    Looking forward to the coming financial years story's here.
    2022-2023 show me the money.






    I don't think so...
    .
 
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