IMHO - a fall like this is often just "engineered" before good news and a significant share price rise.
This is too important and valuable project for Northern Territories revenues and jobs not to be given approval. Compared to many other mining company projects for TNG we really are just waiting for approval. We know the mineral resources are there JORC 3rd party verified and we know from the Financial studies that this is a very high value project with quick payback
Once we get approval and actually start mine and processing plant construction, the current share price will be seen as a steal.
While the delays are frustrating for all IMHO hold tight there is significant value here.
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5.9¢ |
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Mkt cap ! $95.57M |
Open | High | Low | Value | Volume |
5.2¢ | 5.9¢ | 5.1¢ | $118.8K | 2.263M |
Buyers (Bids)
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2 | 193755 | 5.2¢ |
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Price($) | Vol. | No. |
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2 | 193755 | 0.052 |
2 | 171452 | 0.051 |
7 | 1127895 | 0.050 |
2 | 219102 | 0.049 |
1 | 50000 | 0.048 |
Price($) | Vol. | No. |
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0.059 | 39499 | 2 |
0.060 | 1501263 | 5 |
0.061 | 1150000 | 4 |
0.062 | 127103 | 3 |
0.074 | 135148 | 1 |
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