Ann: Neometals Launches FEED Study for Lithium Hydroxide Project, page-8

I never had a large holding in NMT, but even so have reduced it over the past month or so.  I think NMT has great potential both in resources in the ground, and in technology it is trying to develop and in plans to value add.   That said the time frame before significant cashflow may well be measured in years.
I think the technologies NMT is trying to develop sound great, but other companies are also developing technologies eg POSCO has been recycling batteries to obtain Lithium and spent 7 years developing a technology applicable to extracting Lithia quickly from brine.
Here is a link to where I found this http://globalblog.posco.com/koreas-first-lithium-production-plant/  and relevant content
"POSCO is currently obtaining its lithium phosphate, a raw material of lithium carbonate, by extracting it from wasted rechargeable batteries. In the future, POSCO will use its proprietary lithium extraction technology to produce its own lithium phosphate. POSCO has been developing this eco-friendly technology for 7 years. It extracts lithium phosphate from saline water and converts it into lithium carbonate. Unlike the conventional method that takes 12 to 18 months on average, POSCO’s highly efficient method takes as little as 8 hours or up to one month. This method offers a purity rate of 99.9% while also increasing the lithium recovery rate to over 80%."
So, this post isn't to downramp, but point out that other companies aren't idle in attempting to solve some of the same problems that NMT is trying to solve. I will certainly keep an eye on NMT with a view to increasing my holding again when the market starts to see value and raise NMT's price. We still hold a few.   Just my thoughts. DYOR. GLTAH