NTU 0.00% 2.0¢ northern minerals limited

Chinese REE resource tax to ‘sharply’ increase prices, page-2

  1. 1,404 Posts.
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    Very interesting article IMHO, particularly the last paragraph…...

    ……"Finally, Beijing’s announcement to end rare earth export tariffs in May has resulted in a sharp rise in the prices of related rare earth shares in China’s stock market. Last week Chinese investors were wildly bullish on rare earth prices, and many believe that these prices will increase sharply when the government deploys the new rare earth resource tax"…….

    - See more at: http://investorintel.com/market-ana...sharply-increase-prices/#sthash.46sy8r4K.dpuf

    All bodes well for further SP appreciation of NTU.

    This in addition to the positive updates and news for NTU which is expected to be progressively released sooner rather than later.

    Regards

    Tremeer
 
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