No that's right, the goal was to become a down stream processor of battery minerals. That's why NMT has now moved into gold mining. All those lithium battery need a lot of gold in them.
The company falls short in timing? It's had 20 years to do something. Plenty of time to pull their finger out.
NMT has cash in the bank? There was 3.9 quarters of cash left as of March. That means a raise around Xmas. Then what? Where's the revenue coming from? You do know there will be another raise & then another raise, right?
https://hotcopper.com.au/threads/ann-appendix-5b-cash-flow-report.8554635/
It all depends on your perspective. If you bought in recently at all time lows & love the story, this could be a great investment. If you've been holding for 10+ years, seen projects, partners & cash come & go, then my patience is wearing thin.
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