NMT 2.15% 9.5¢ neometals ltd

General Neometals related news, page-1394

  1. 1,227 Posts.
    lightbulb Created with Sketch. 278
    Nope.

    I have held NMT foe the past 5 years.

    The way they have managed the company during this years is unusual for most but nothing short of brilliant.

    They never do any CRs and are completely self financed by creating mining JV on land for which they already hold the mining rights, developping it with minimal capital outlay and then selling their share of the mining.

    This way their projects are fully derisked. The last time around they made $200million for an outlay of $3million.

    Currently their JV crown jewel is Barambie which is worth billions...

    Slow and steady wins the race
 
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