Ann: Spargos Exploration Update, page-6

Which one?

Barrambie? The one that's been on the books for 20 years? When Mt Edwards came up for sale, did NMT take 20 years to decide if they wanted to buy it?

Lithium chemicals in Portugal? The one they couldn't get off the ground with all that cash they had & during one of the biggest lithium booms I've ever seen?

The VRP? Any royalty or sale from that could be years away, if ever.

Battery recycling? MB & NMT are in a collaboration from 2022 to 2027 to investigate, analyse & research any new battery chemistries that MB wants to work with. I doubt MB will take their chances halfway through their DD on the collaborations to order a 50tpd plant, in the off chance NMT tech doesn't work as expected with which ever batteries they may want to use. I think MB will take their time. Tweaks may be needed in the Hub for any new battery chemistries. That's going to take time & money.

NEOMETALS LTD (ASX:NMT) - Ann: Cooperation Agreement with Mercedes Benz, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum




Spargos was NMT's last chance to distract the masses as the company's business plan collapses. How's NMT going to get new investors interested in this now?

I think this will be treading water for years to come!!