NMT 1.18% 8.6¢ neometals ltd

Ann: Quarterly Activities Report, page-18

  1. 1,275 Posts.
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    Yes “minimum”caught my eye, the restructuring is probably in readiness for the share split they mentioned in the past we should get one of each for every share we hold, a lithium tech share and a Ti and other share, that way they could trade the lithium element separate to the rest and any purchaser wishing only the lithium element could buy that part outright allowing heavy holders to cash some in without having to become an iceberg seller which may hold the price down as they unload.
    Next few months should be interesting, I’m excited about Barrambie and the bulk sample results, any DSO deal could see us fly, and I wonder if they will split the share prior to that being announced. Can’t help think some big things brewing at NMT which may give a nice surprise, certainly been stuck at this trading range for long enough and due another run north soon, Loop.
 
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