NMT neometals ltd
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Ann: Neometals Discovers Spodumene-bearing Pegmatite at Spargos, page-16

  1. thecrabpest
    2,556 Posts.
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    13/11/23
    10:23
    Post #: 70863168
    "I recall Mount Marion when NMT had the rights to buy at market value some 56k tonnes 6% spodumene per year, provided they could increase its value, so there was talk about a deal in India to process it which gave us the rights to buy the supudumen."

    Couldn't they do this with the ELI technologies?

    I appreciate that probably wasn't proven tech back then, but they could / should have kept it up their sleeve, rather than selling the right for $30m.
    Last edited by thecrabpest: 13/11/23
    NMT Price at posting: 25.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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