NTU 0.00% 2.9¢ northern minerals limited

Looking very strong today - nice rise with supporting volume.I...

  1. 805 Posts.
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    Looking very strong today - nice rise with supporting volume.

    I like to think of this stock as "Dysprosium R Us". All the Heavy Rare Earths are valuable but Dysprosium is needed by the magnet makers and it if you look at other rare earth miners (LYC, MolyCorp and China itself) - it is screamingly obvious that there will never be enough Dysprosium to go around.

    Keep in mind also that NTU don't have to own the processing plant - in fact it may make no sense to try and fund one - instead use the LYC and future ARU facilities.

    More likely will be that one of the big guys (LYC I hope) - launches a takeover bid ... especially considering the total captil value of NTU ATM.

    as always DYOR
 
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Mkt cap ! $174.3M
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2.9¢ 3.0¢ 2.9¢ $8.91K 306.7K

Buyers (Bids)

No. Vol. Price($)
15 1765924 2.9¢
 

Sellers (Offers)

Price($) Vol. No.
3.0¢ 746596 5
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Last trade - 10.56am 25/07/2024 (20 minute delay) ?
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