NTU 4.41% 7.1¢ northern minerals limited

Lol, do you SERIOUSLY believe Shenghe is not controlled by the...

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    Lol, do you SERIOUSLY believe Shenghe is not controlled by the Chinese State?

    "Shenghe Resources Holding Co., Ltd (Shenghe Resources) is listed in Shanghai Stock Exchange (SSE:600392) with the Institute of Multi-Purpose Utilization of Mineral Resources (IMUMR) as the first majority shareholder, the latter of which is directly subordinated to China Geological Survey, Ministry of Land and Resources.

    I think you actually genuinely think they are the good guys, lol.

    But for certain you don't understand much about business, or tactical play. From the NTU perspective the squeeze play on MP shows a likely template here with Sinosteel having a hold over assets plus various levels of Chinese equity, with China again in total control of any potential revenue.

    All the "concentrate to the Dragon" plays are in various stages of development, all are likely to have a similar squeeze play on revenue as the Dragon gets its claws firmly on equity/assets, and punters like you cheering them on believing in some "private" benevolent Fairy Godmother.

    NTU will never generate sufficient revenue to get clear of its clutches, if anything significant at all.
 
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