NMT 3.57% 8.1¢ neometals ltd

Ann: Disposal of Mt Marion Offtake Rights for A$30M, page-4

  1. 273 Posts.
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    I guess the Indian refinery project is dead. Anything else would surprise me....

    30m for the off take rights seems a good price though. Management is very opportunistic.

    I don't expect a dividend. In some late presentations from Chris the topic of funding for the Primobius and Vanadium projects came up. He did not rule out the need for a cap raise. So this 30m should stay in the bank for now.
 
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