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1.12% 9.0¢ neometals ltd

Ann: Lithium Battery Recycling Update, page-5

  1. Bouddha0357
    1,192 Posts.
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    15/07/22
    12:31
    Post #: 62553317
    The way they finance projects is by creating JV to explore mining tenements they have.

    The JV are usually very productive for little capital outlay.

    The last time they did this they made $200 million for an outlay of $3 million.

    By doing this they fully de-risk their projects and are fully financed without CR.

    Sooooooooo...Barrambie anyone?
    NMT Price at posting: 94.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 17  Upvote
    lightbulb Created with Sketch.  Great analysis
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