NTU 0.00% 1.9¢ northern minerals limited

. NTN750 For those who have followed the NTU story for years are...

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    NTN750

    For those who have followed the NTU story for years are well aware that it WAS said that the plant would show cash flow positive, those who pushed that line are long gone, and whilst there they filled their pockets and profited handsomely.

    Part of a pilot plant is to show and prove that it can be a economically viable venture, even though they said that they would be able to, NTU were unable to do this producing a carbonate, hence their walk back in talking about only producing a concentrate.


    Whilst the world keeps spinning around and other RE projects are moving forward in leaps and bounds, NTU is conveniently back into its holding pattern.
    Ann 26/10/2022 - Updating the DFS is expected to take 12-15 Months
    Wolverine Project FID Q1-2024, first production forecast 2026.



    Nothing is set in concrete here that NTU's aspirations will ever end up coming to fruition!!!
    .
 
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