NMT 16.7% 10.0¢ neometals ltd

Ann: Extension Of On Market Share Buy Back, page-28

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  1. 1,021 Posts.
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    Thanks Bri,

    You've asked the million dollar question. It's a conundrum considering a battery tech / metallurgy can expect a much higher PE ratio than a mining company. So it depends if NMT does end up splitting its mining and tech assests.

    I personally dont have a PE ratio target although to answer your question no one should disagree that mt marion share should be (according to market minimum for established mines) at least 8-10 PE and once battery tech / downstream processing I would guess a minimum of 15-20 PE. (I personally value NMT an absolute minimum of 200mil - 220mil MC currently)
 
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