NMT

1.37%

7.2¢ neometals ltd

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freodijaneiro

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13/11/22

12:16

Post #: 64741758
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Originally posted by KingKong166: ↑

If battery tech changed away from lithium, yes, we are screwed, but, Neo metal as market cap sub A$600M, if you look at the bigger picture, including gigafactories, refinery and miners, A$515Billions, that is 858xNMT, and that is pure cash investment.

https://www.reuters.com/business/autos-transportation/exclusive-global-carmakers-now-target-515-billion-evs-batteries-2021-11-10/

There are talks over alternatives metals because Lithium is too expense, but look at Periodic Table, Lithium has a unique position, the 1st metal element after H and N. They are trying Na and K, and said to be good replacement good luck with that.
Hydrogen (Fuel Cell Battery) is another thing people talk about, and according to a latest study done at Germany by a local government an SIMENS, that concluded the hydrogen is 80% more expensive, and ruled out for any future consideration. But, people enjoying talk about that, so they can do that. My take is, it did not make sense, as we transfer the energy many times, so it won't be efficiency.

Talking about battery tech break-through, my personal exception is about Solid State Battery, which would use Lithium metal, and once commercialise, the discussion shall be over, range and charging is not any longer the problem, and recyclers will need to sign up a hundred years contractor before we have to recycle the nuclear reactor and travel via wormhole.

With investment in NMT, it shall be a good place to rest as of now, maybe a review by Dec quarter, we could have a re-rate.

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As long as what’s in the battery is on the periodic table, they should be able to recycle it. If they can get it out of ore…it may require changes to the hydromet process but definitely doable...and probably being worked on already.

Wrt to Na and K in batteries, they may be ok in stationary applications but at 3 and 5 times the weight of Li, they’re suitability for transport is questionable.

NMT Price at posting: $1.06 Sentiment: Hold Disclosure: Held
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(20min delay)
Last 7.2¢		Change -0.001(1.37%)		Mkt cap ! $49.67M

Open	High	Low	Value	Volume
7.2¢	7.6¢	7.1¢	$14.82K	203.6K

Buyers (Bids)

No.	Vol.	Price($)
2	130642	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	51359	1

View Market Depth

No.	Vol.	Price($)
2	130642	0.072
3	105205	0.071
4	56521	0.070
1	10000	0.069
2	83500	0.068

Price($)	Vol.	No.
0.073	51359	1
0.079	12188	1
0.080	130000	1
0.090	114976	2
0.091	100000	1

Last trade - 16.10pm 06/09/2024 (20 minute delay)

NMT (ASX) Chart

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