NMT 3.26% 9.5¢ neometals ltd

Ann: Positive Drilling Results at Mt Marion,NMT-MIN.AX, page-13

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  1. 576 Posts.
    Things the ponder on......

    - Already huge 23.24Mt at 1.39% Li2O and growing...
    - EV/Resource is massive 3040.7, better that any competitor - see graph.
    - Thats why we have the worlds 2nd largest lithium producers backing - Jiangxi Ganfeng Lithium Co. This is a massive project.
    - NMT itself  will be the next big producer coming on line this year
    - Will have the rights to 51% of spodumene in 3 years for its LIOH processing plant which will be 70% owned by NMT.
    - 65m CASH in the bank

    Lithium companies.jpg

    And the intersections which are very nice results indeed with more to come as the expand the drilling...
    This is just the start as they move their way along

    intersections.jpg
 
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