The Future for NMT, page-3

Some great info from a proactive investors report. There is excellent things happening at NMT, It was great news about the share buy back and the price just continues to have a steady weekly rise. It is still priced below the 30 cent valuation by Euroz. Info from the article is below:


Strong portfolio to progress growth

Apart from the shareholding in the Mt Marion Project, Neometals will have a 70% shareholding in Reed Advanced Materials Pty Ltd, owner of the patented ELi process to produce lithium hydroxide directly from spodumene concentrates.

A Definitive Feasibility Study for this is due for completion in June 2016.

Neometals is also looking to commercialise the Canadian process technology which the company holds exclusive rights to and potential partnership with a global EPC engineering company.

It may also crystallise value from the Barrambie Titanium project and cash from divestment of its nickel tenements.


Analysis

This is a fine time to be a Neometals shareholder; a soaring share price (8-bagger since March 2015), near term lithium oxide mineral production, a dividend cheque not far away and a share buy back to tighten share capital to enhance potential for further share price gains.

Even after the capital initiatives, NMT will hold about $50 million in cash and no doubt NMT's MD Chris Reed has other corporate transactions under the microscope.


GLTAH