What are NTU rare earth assets really worth:-
three valuations were given on 3rd August 2016:-
Low $138,000,000
High $391,000,000
Preferred $201,000,000
see page 46 of the PDF:-
http://northernminerals.com.au/wp-c...2/16-08-29-Combined-Nom-And-IER-and-Proxy.pdf
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One thing is for sure NTUs rare earth assets are worth considerably more for a company in production, than the sitting in the ground value reflected above
A turning point for rare earths?
http://www.indmin.com/Article/3662664/A-turning-point-for-rare-earths.html
China Northern Rare Earth Hi-Tech Co., the world’s largest rare earths producer, has announced that it would hike its prices in a move some have speculated may represent a turning point for the struggling industry
Demand is now rising rapidly with booming Electric Vehicle Sales as the main driver - and no where more so than in China
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What are NTU rare earth assets really worth:- three valuations...
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Mkt cap ! $317.5M |
Open | High | Low | Value | Volume |
4.0¢ | 4.2¢ | 3.8¢ | $696.7K | 17.40M |
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No. | Vol. | Price($) |
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1 | 9870 | 0.040 |
2 | 118196 | 0.039 |
10 | 1006499 | 0.038 |
7 | 1967756 | 0.037 |
Price($) | Vol. | No. |
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0.033 | 38888 | 1 |
0.037 | 94000 | 1 |
0.039 | 100 | 1 |
0.040 | 1929995 | 5 |
0.041 | 3394117 | 3 |
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