General Neometals related news, page-4214

Hi Loop.

Thanks for posting, I've always appreciated your input & value your views. I've got a lot of respect for you & many holders here.

The whole point of getting out of spod was to move downstream & chase higher margins in the battery chemical sector. Not to turn back the clock & relive the past.

I compare the actions of NMT to the following.

You go to school for years, work hard, get a PHD & find a job in a specialised field. After scoring your dream job you then receive your first pay. Looking at the size of your pay, thinking you're rich, you quit that job to chase other opportunities. When those all fall through & realising you've got a family & bills to pay you then run back to centrelink asking for a handout, all while asking your former employer for your job back again.

Who does that? Seriously! Who does that. If you had a loved one tell you that's what they've done, you would think they've gone insane.

That's what NMT has done.

They had a world class asset.
They did the hard yards.
They built the mine, sold it just as revenue was coming in & went to chase better opportunities.
Now the money has run out, there's bills to pay & NMT has come running back to SH to ask for more money!
Now, they are going back to the same asset class again wanting their old job back.

It's insane.

I have nothing against spod, I'm in WIN, there's money to be made in time again.

NMT was supposed to be focused on downstream opportunities in the battery supply chain, not trying to get their old job back after quitting.