Even if Huatai complete the funding agreement, and including the $12M deffered for 24 months or converted into shares, the company is still short $20m of the estimated $60m total cost.
Obviously final investment decision heavily reliant on Dy prices increasing substantially by Q1 2017. Not going to happen IMO.
Anyone that thinks the pilot plant will be viable even if Dy prices increase considerably is just kidding themselves. I see no value for minority retail SH over the long term in this company. Might be some good trading opportunities along the way though.
If the pilot plant does ever makes it into production expect any LT SH to be diluted into oblivion by then and NTU will be a Chinese owned company IMO.
No viable business plan, no binding offtake agreements for production, no investment decision and incomplete project funding.
Sounds like a good investment
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Even if Huatai complete the funding agreement, and including the...
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Last
2.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $140.0M |
Open | High | Low | Value | Volume |
2.0¢ | 2.1¢ | 2.0¢ | $107.7K | 5.382M |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 399999 | 2.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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2.1¢ | 4965642 | 12 |
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No. | Vol. | Price($) |
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2 | 399999 | 0.020 |
44 | 22745283 | 0.019 |
37 | 9353133 | 0.018 |
21 | 8297114 | 0.017 |
7 | 2197497 | 0.016 |
Price($) | Vol. | No. |
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0.021 | 3794051 | 11 |
0.022 | 2318619 | 5 |
0.023 | 2018458 | 6 |
0.024 | 2120714 | 4 |
0.025 | 539998 | 3 |
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