NMT 6.90% 13.5¢ neometals ltd

Ann: Vandium Offtake Agreement with Glencore, page-19

  1. 2,467 Posts.
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    We are still achieving lower lows, and lower highs.

    I am not charting expert, and I have no idea what the shorts are thinking, but we are still in a down trend, and whilst these announcements are fantastic, people are impatient, and as pointed out, revenues from these announcements are still a while away.

    The company has money in the bank, but I don't know what they "need to pay for" VS "what they want to pay for" and how that may affect the cash balance.

    This is a fantastic announcement, but I think we may end up with more games being played despite the positivity.

    My average is 53.5, so I acknowledge my position relative to many others, and I am willing to wait, but yesterday we hit $0.47c, so let's see where we end up, but there may be more downward pressure.

    https://hotcopper.com.au/data/attachments/5419/5419942-11f593c2fb9e9b227bea90cc3103115b.jpg


 
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