in a year I would hope well north but if the validation doesn’t come through on the hub from mb I think we might be in trouble as Chris stated SMS has already ordered and paid for long lead items so what happens to that will NMT have to cap raise again to return 50% to SMS? Also doesn’t look good for other OEM’s if MB don’t want the hub and they have a grant for it who will want to spent out of their own pocket?
if we sold off the tech branches/mining assets as Chris called them and had the capital to safe guard would you feel more comfortable? I know I would.
When the entitlement offer came out at only 16% converted it worrisome as many holders lost faith due to lack of succcess even Chris barely participated which doesn’t give much hope.
So in saying all of this I couldn’t see us north of $1 by this time next year with the cash burning on corporate costs and new exploration costs I see us having to raise in April/May again unless some branches where sold off or we had good luck.
What about you kculovad?, let everyone know your thoughts.
- Forums
- ASX - By Stock
- NMT
- General Neometals related news
General Neometals related news, page-4046
-
- There are more pages in this discussion • 567 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NMT (ASX) to my watchlist
(20min delay)
|
|||||
Last
11.5¢ |
Change
-0.010(8.00%) |
Mkt cap ! $79.33M |
Open | High | Low | Value | Volume |
12.5¢ | 12.5¢ | 11.0¢ | $98.90K | 850.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 44538 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 160633 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 44538 | 0.115 |
12 | 353142 | 0.110 |
17 | 847043 | 0.105 |
15 | 771378 | 0.100 |
1 | 50000 | 0.096 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 160633 | 4 |
0.125 | 177190 | 5 |
0.130 | 318846 | 5 |
0.135 | 280000 | 1 |
0.140 | 92500 | 3 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
NMT (ASX) Chart |