NTU 9.09% 3.6¢ northern minerals limited

NTU Open Forum., page-8

  1. 1,704 Posts.
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    Lets not skate past what NTU is actually producing and what it is in reality worth.

    For years NTU has been using the price of DyO Dysprosium OXIDE in their calculations as does  CE from Hallgarten.
    It would be alright if NTU actually produced Oxides BUT THEY DON'T
    They Produce (or used too) a so called 52% carbonate
    It is a bag of REE's (rare earth elements) all mixed in with 42% of unwanted crap that NTU don't have the capability or even the know how of how  to separate into individual oxides/elements.

    Having previously worked on a chemical separation plant for several years, I do have some understanding as to complexities involved, and it seems to me that NTU are far far away from getting their Tanami Desert Dream Plant anywhere near to scratch.
    Lots of promises out there, but talk is cheap, and as for meeting promised targets, with all that has been said and is on record, this has been a massive (heading towards a catastrophic) fail.





    Have NTU ever told you in an ASX announcement as to what their 52% carbonate is really worth!
    No?
    Does it not puzzle you as to why not!!
    After all, that is what the whole shabang (52% carbonate) is all about!!!

    .
 
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