Australia's largest stock trading and investment forum Australia's #1 stock forum

NMT

Click for more information

5.71%

7.4¢ neometals ltd

Recycleing, page-4

First 4 Last

Share
Profile

Follow
EyeoftheTiger

7,975 Posts.

170

02/07/18

19:44

Post #: 34092369
Share

Originally posted by Loophole1 ↑

Past NMT Ann stated the plant cost $4.5m was paid back in one year, once new test results are known the pay back may be even faster than that so I’d say it’s looking very cost effective so far.
Interesting Tesla no longer uses cobalt in batteries, was unaware they managed to completely eliminate its use rather than reduce the amount required.
Understand all new cars are required to be almost 100% recyclable to obtain their green credentials, with the batteries being a large part of EV’s they must be able to recycle that part, so this tech should be in high demand, almost 10% of new batteries produced at factories fail product test and require to be instantly recycled, that’s a very high volume of feed stock for the recycling plants, Loop.

Expand

The funny thing is that without the cobalt it's not worth recycling the other components, good one Elon.

NMT Price at posting: 30.5¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

MGU

New results confirm Buena Vista's iron grades potential

1CG

One Click Group jumps 4% after ending quarter with $2.4M in cash; $1M in revenue and 150K+ users on board

KOB

Koba, formerly a cobalt player, gears up to become newest explorer in the uranium state: South Australia

Trimmed CPI figure provokes market jump of 1%, but inflation pressures remain a reality

MRC

Mineral Commodities to shut down Tormin mineral sands project as oil spill contaminates beach

There are more pages in this discussion • 4 more messages in this thread...

First 4 Last

Add NMT (ASX) to my watchlist

(20min delay)
Last 7.4¢		Change 0.004(5.71%)		Mkt cap ! $46.11M

Open	High	Low	Value	Volume
7.0¢	7.4¢	7.0¢	$46.28K	651.0K

Buyers (Bids)

No.	Vol.	Price($)
1	8200	7.1¢

Sellers (Offers)

Price($)	Vol.	No.
7.6¢	10381	1

View Market Depth

No.	Vol.	Price($)
1	8200	0.071
2	186391	0.070
7	309887	0.069
4	205142	0.068
4	250754	0.067

Price($)	Vol.	No.
0.076	10381	1
0.080	6625	1
0.082	12987	1
0.085	3000	1
0.087	30000	1

Last trade - 16.10pm 31/07/2024 (20 minute delay)

NMT (ASX) Chart