NMT 5.68% 8.3¢ neometals ltd

General Neometals related news, page-4023

  1. 356 Posts.
    lightbulb Created with Sketch. 55
    what a disaster NMT has become, Chris puts it down solely to the lithium price but I don't see why as we have no lithium assets(well ne they just happen to stumble on prior to raise-convenient).
    IMO it is down to where it is due to failures from the company, failing to raise at respectable levels, failing to get positive outcomes on the FID, wasting money and looking for pay rises and not being entirely truthful to holders.
    If NMT need to raise again prior to my money coming in I would say it would be a failure, and that 16% would be in the single digits.
    Also it's time to come clean about the PO on the hub, going on 4 months late and no real explanation, if it doesn't come through Chris's credibility is done, SMS will pick up Primobious for cents on the dollar as they have already funded the long lead items for the hub. NMT staff will be gone but remember they have been paid exorbitant wages so they have had their share, feel sorry for the Mum and dad investors who believed Chris as he had great ideas, hopes and dreams but stuffed the company due to his pride.
    I hope he has seen holders are almost faithless in NMT and decides to make some drastic changes, especially fire the treasury!
    Sell off everything and focus on Primobius and stop telling tall tales, just be transparent as we holders deserve the truth.
 
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