I think you need to calm down a bit. I would like to have a price of $ 1.50 as well. That may happen one day, but unfortunately not as quickly as you would like: "Wouldn't be surprised if we see $1.50 very soon."
I am a long term holder here to see some good dividends in the last past years.
Last time I added a few pieces in 2016 at 29c. So I am not unhappy with the recovery to 50c, you know.
Finally we recovered those peaks from 2016 and 2018 ! To give all holders here an idea, how we run in the very long term, please see
And now to add only some points from the announced MOU, I liked:
- Neometals’ 100% owned Barrambie Titanium‐Vanadium Project (“Barrambie”) is the
most advanced, undeveloped hard‐rock titanium Mineral Resource in Australia
- Jiuxing is the
largest chloride titanium slag production company in north eastern China and has an
approximate 12% share of the total Chinese chloride slagmarket- , the MOU contemplates the parties negotiating and entering into a binding formal offtake agreement for the supply of
800,000 dtpa of mixed gravity concentrate or 500,000 dtpa of ilmenite and 275,000 dtpa of iron‐
vanadium concentrate,
on a take‐or‐pay basis for a period of 5 years from first production
- pricing will be benchmarked to
published market prices subject
to a
price floor which is based on actual delivered cost plus a margin- The parties are targeting execution of
binding formal agreements in the
first quarter of 2022So again, calm down a bit, we first have to take that hurdle of 75c from 2010/11
but when we left that hurdle, we will see those old highs from 2007/08 again,
that's for sure imho.Or should I say I hope so
, but what gives me confidence,
the Reed's always kick their goals, not only on the titanium/vanadium front, that's for sure ! 
