General Neometals related news, page-3906

NMT 13.8% stake in Mt Marion sold for $104mil + 20mil for the spodumene off take from memory.

If they hadn't sold Mt Marion then they wouldn't be where they are now embedding themselves in Mercedes and others recycling strategies.

Selling the VRP but retaining the technology fits into this vision of a royalties company. I think this option was always on the table, you have to take the project through this far if you want to be able to show a potential buyer the value. Otherwise you're just trying to sell an idea.

Unfortunately the global macro has turned nasty when they are pre revenue so it looks like they're cutting costs to ride this out, which is a smart conservative approach I think.

PLS went to 0.14c during Covid downturn. Sometimes the pendulum swings to far.