NTU 0.00% 2.9¢ northern minerals limited

why is ntu so important to the chinese.

  1. 5,436 Posts.

    Conglin Yue supported a number of REE in early stages .
    this includes LYC and NTU .

    I have not seen CY increasing his share holding in LYC. Why is this so when the SP of LYC is so lo.

    He instead concentrated on NTU.
    Increased his holding and also supported NTU financially in times of need as i feel he want to make sure NTU will succeed to get to production.

    Why does CHINA eye NTU ?

    THE DIFFERENCE, is in the MIX of NTU ,the metallurgy and mineralogy .
    The Heavy Ree content which makes NTU stand out from the rest.
    The volume may be not as big as others but the funds required matches the size.This makes NTU attractive to find finance.

    Don t forget the HUGE tenement that NTU got ,likely to be explored when NTU come into production /cash flow etc.

    The SP is down, but so is the volumes.
    What i believe is happening is only shares changing hands of same parent company. LH to RH with the aim of bringing the SP down for some motive that i leave to your imagination.

    There is a limit how much these ppl can push the sp down.

    The Long Term Holders are holding tight.
    The feasibility studies will soon be revealed .
    And finance availability would be there pending the desired results.
    No one likes to see SP being hammered. Patience as we all know
    GAMES PEOPLE PLAY.







 
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