NMT neometals ltd
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I thought they were going to sell this pile of dirt?So, they'll...

  1. ProCapitalism
    5,749 Posts.
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    23/09/24
    09:17
    Post #: 75789652
    I thought they were going to sell this pile of dirt?

    https://hotcopper.com.au/data/attachments/6478/6478217-88c1cb694d2b4736f9343c56abcf7aa5.jpg

    So, they'll sell the titanium & vanadium rights but hold onto the gold rights?

    Or because this thing has been on the books for 20+ years & it appears that no one wants it, they need to try & increase its value by inferring there's gold on the tenement?

    https://hotcopper.com.au/data/attachments/6478/6478235-18b9a9ba6ea3a6075539e6b168250e63.jpg

    Is this project a rainbow or a unicorn?

    Don't get me wrong, I love gold, but what exactly is the plan here? They find gold & then what? If only NMT had some cash to go treasure hunting, like I don't know, $200M would be nice.

    NEOMETALS LTD (ASX:NMT) - Ann: Quarterly Activities Report, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
    NMT Price at posting: 8.6¢ Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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6.9¢ 		Change
0.002(2.99%) 		Mkt cap ! $53.09M
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6.9¢ 7.1¢ 6.7¢ $56.77K 823.8K

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1 109518 6.8¢
 

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Price($) Vol. No.
6.9¢ 22653 2
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