NTU 4.17% 2.5¢ northern minerals limited

NTU v. LYC v. the rest, page-17

  1. 19,586 Posts.
    lightbulb Created with Sketch. 4974
    Been reading this stuff for a decade, NTU JORC is as weak as a kitten, they'd need to prove out a LOT of exceptional results to change that, go check out the three patches of resource they added a few years back <0.3% TREO, joke.

    Just look at the skinny financial metrics they did back 2013, all based 100% recoveries from ultra low grades, now years later they can't even recover 52% to concentrate.

    Mind you they are far from the only wannabe trying to pull that stunt.
 
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