Only announcement that will save NMT is secured throughput and ownership of material for a battery recycling plant.
And that won't happen because that's not their business model anymore - they are "plant builders/technology suppliers"
cents on the dollar for their current business model and incredible amounts of competition from all corners of the globe.
Vanadium at all time price lows, Glencoe got a deal of a century and the bank hasn't even looked at the updated proposal for debt funding as yet (after management forgot that a bank needs a view on payback....lol muppets).
They had a shot last year to capitalize on their good work - but they squandered it with poor management decisions and creating shiny fluffy marketing documents. Listing in London was just a joke that cost a lot of money and screened of desperation.
cap raise will plummet the price to 100m mc. And what will those funds be used for? Working capital, basically the 40 odd staff they have employed with no revenue to support that ludicrous level! A few more international trips at 30k per person, more shiny marketing materials.
hold onto your hats, it's all gonna start happening fast.
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