Dead easy sell to Chinese punters now, great deal of uncertainty re sth Ionic clays after enviro crackdown, "supply"/smuggling Myanmar, etc, will take some time for the situation to become clearer.
Meantime weak demand likely to cap prices, NTU lightyears from value add low grade con, nor demonstrated any capability to produce on spec steady state.
In other words, +CF remains in a far off galaxy, as debt service, particularly return on equity climbs an ever high cliff face.
The incredibly vague justification for the latest massive dilution really say it all.
Timeous development in China now ensures NTU will carve out a significant chapter in the annals of Blue Sky Mining, and laundromats.
Cue ATO stage left, run over the black swan with 10:1 consolidation, happy campers.
Dead easy sell to Chinese punters now, great deal of uncertainty...
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Last
3.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $200.9M | |||
| Open | High | Low | Value | Volume |
| 3.5¢ | 3.6¢ | 3.4¢ | $150.5K | 4.333M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 2278313 | 3.4¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 3.5¢ | 1060197 | 2 |
View Market Depth
| Last trade - 16.10pm 08/07/2024 (20 minute delay) ? |
| NTU (ASX) Chart |