NIU
Click for more information
0.00% 2.0¢ niuminco group limited

If NIU is still mining, then what? If it comes profitable and...

  1. axegun
    707 Posts.
    clock Created with Sketch.
    26/03/19
    10:51
    Post #: 37883846
    If NIU is still mining, then what? If it comes profitable and not insolvent, can NIU have the suspension lifted given the recent history of poor profitability and virtual insolvency with court proceedings over outstanding debts? The cause of suspension was both of these issues. NIU would have to cut Management costs and mine gold at a much lower AiSC to regain trust from ASIC.
    NIU Price at posting: 0.1¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

CUV British study shows Clinuvel drug effective on DNA of UV-damaged skin
right-arrow Created with Sketch.
AHK Ark Mines defines significant exploration target at Sandy Mitchell rare earths project
right-arrow Created with Sketch.
A1M Swagman shoot proves plentiful for AIC, with Cu beyond 3% close to Eloise
right-arrow Created with Sketch.
ARU Cashed up Arafura locks in $171M German export agency deal; locks in NdPr offtake for wind turbines
right-arrow Created with Sketch.
ITM Fast-track assaying yields 182 g/t gold for iTech at new NT play
right-arrow Created with Sketch.
STN Saturn’s stars have aligned for the gold explorer’s Apollo Project
right-arrow Created with Sketch.
watchlist Created with Sketch. Add NIU (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.