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2.27% 8.6¢ neometals ltd

Ann: Mt Edwards Nickel Demerger Update, page-2

  1. hoodle
    1,349 Posts.
    lightbulb Created with Sketch. 1155
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    20/07/21
    09:11
    Post #: 54619567
    the inspecie shares are worth approx 9% of the company by my calcs. The listed company will have a mc of $50m and an ev of $25. So lots of cash for infill drilling, studies and proving up the pgm's imo. No need for a concentrator as we'll get it treated by BHP so capex should be attractive. MCR is next door and worth $500m mc. GLTAH.
    NMT Price at posting: 54.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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