NMT 2.34% 6.6¢ neometals ltd

Titanium/Vanadium Project, page-2

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    Had a quick look on the NMT website,

    Anyone's thoughts on whether this resource is factored into the current SP or is it just a sleeping giant until they announce some partners?


    Barrambie's Eastern Band is one of the highest grade hard rock titanium deposits globally and contains a Mineral Resource (2005) of 48Mt @ 22% TiO2.


    Neometals plans to undertake full pilot plant evaluation of the proprietary hydrometallurgical technology in FY 15/16. Subject to the success of the full pilot scale test work it is Neometals’ intention to proceed to Feasibility Study. The currently preferred project development strategy is to advance the project to a suitable stage of evaluation to obtain a titanium industry partner who would fund and operate the development of the Barrambie project on a shared equity or joint - venture basis.
 
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