General Neometals related news, page-3868

Wrong, the vanadium fantasy was going to cost $400 mill euros, CR made it quite clear a week or 2 ago there was no way they would be able to stump up 200 million and suggested in the video a strategic investor would take a majority stake and NMT stake in that would get heavily watered down.

The strategic buyer has appeared to have fallen through, so I see nothing has changed apart from a disclosure to critical that NMT share holders are not on the hook to fund a $400 million-euro plant

This is good, if you want to invest in Vanadium there are better plays than this fantasy ever was.

So, where is NMT at, I agree with others, no income until 2025/2026 from royalties, so I also agree this could get ugly next year,

Re-cycle have halted their build, EV adoption is slowing, and every OZ miner I see is switching to Lithium. Batteries are moving to LFP.

NMT has released enough info of what a 50 tpd plant looks like for revenue (and company valuation), and the only SP driver I see is the Stelco deal, if this is delayed, well we won't be back to $2 in 5 years.

But buying at 20,10, 5 cents is a completely different story than buying at $1 If we get a couple of plants in the next 2-3 years (if you have that timeframe)

This is the gamble here, same with HNR