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Economic Feasibility:
Economic feasibility analysis is the most commonly used method for determining the efficiency of a new project. It is also known as cost analysis. It helps in identifying profit against investment expected from a project. Cost and time are the most essential factors involved in this field of study.
How can one fill in Key Economic Feasibility gaps when NTU seems to be very be reserved in their announcements in this regard.
Back on the 27/12/2018 a price sensitive announcement that the first shipment of 2,578 kg had been shipped.
"Product meets high quality offtake specifications"
"The shipment sizes will be significantly larger as commissioning is completed and the plant moves into steady state production".
This is what it is about, shipping product for sale, why is it that it all seems to be very hush hush.
Now moving forward to the Highlights in the Quarterly Activities Report released on the 29/04/2019.
Nowhere in the Highlights was there any fanfare in relation to Production numbers.
At the end of the March 1/4 a total of 28,068kg of RE carbonate had been produced, no news that anymore carbonate had been shipped, and still to date No mention that any more has been shipped.
What is going on with the plant and what it is producing?
Assay results?
Has any more carbonate been shipped or not?
GB has said "we hope to be in name plate production by the end of this year"
Are there any punters here willing to put forward a case in relation to NTU's Economic Feasibility?
Do some research as to what is what here, because at the end of the day what will be the share price if the company is wound up due to no more drips being found in the ever diluting gravy train tap.
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northern minerals limited
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Mkt cap ! $300.8M |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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