NTU spiked over 50%, now ~35% as the REO China debacle continues. l can’t see the U.S and the West ever relaxing on this and letting the CCP control a vital military supply and industrial ingredient again. I looked at NTU once because production of its Browns Range heavy REO resource is slated to be processed through Iluka’s (ILU) proposed Eneabba refinery. I suspect the reason I rejected NTU was because of the hyper-dilution of its stock. I think they’re at more than 8 billiin share issuance and if you divide the market capitalisation of NTU by 100m to get to that reasonable amount of shares and compare it with other stocks by doing the same computation then the share price of NTU before today’s rise would be $4.20 a share (if only 100m shares were issued), so not cheap at all given it probably listed at about 20 or 25c. Anyway, I’m done with companies like this that exist for the enrichment of management, brokers and placement subscribers who rapidly dump cheap shares and wait for the next surefire dilutionary placement rort at a depressed price. It’ll only stop if management are disallowed from preserving their own stake against dilution by simply issuing themseves more options and ‘performance’ shares.
Here’s an article received today alluding to the big money that might be coming into REO projects in Australia:
Australia mulls US deal, $777 million rare earth fund
Bloomberg News | October 12, 2025 | 6:09 am Critical Minerals Australia USA Rare Earth
“Australia is considering setting minimum prices for critical minerals and investing in new rare earth projects as part of a potential resources deal with the US, the Age reported Sunday.
The government has begun talks with miners about contributing to a A$1.2 billion ($777 million) strategic minerals reserve, the newspaper said, citing a leaked departmental brief circulated in recent weeks.”
NTU DAILY
