NMT 1.18% 8.4¢ neometals ltd

MISSED THE BOAT ?, page-2

  1. 2,499 Posts.
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    While I'd love the SP to be going north every day, I'm not depressed with NMT. In fact, I topped up again yesterday, just amazing price at the moment.

    It's a slow burn, but things will be happening in the next few months. The demerger should be done by the end of March, and we should be getting quite a few ann's in the March quarter heading up to the split.

    DFS for battery plant and LiOH I think in the June quarter, and Newco in business by then. More than enough cash to give Newco a good start in life, and following that we'll get another nice cheque from Mt Marion for a full year.

    There are few companies I am less concerned about than Neometals. Patience is a virtue
 
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