NMT 2.34% 6.6¢ neometals ltd

Ann: Barrambie - Pilot Plant and Offtake Update, page-24

  1. 17,376 Posts.
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    NMT is everything that TNG Is not.

    If NMT did find that the TIVAN technology was an attractive proposition, I would prefer it if NMT were free to run things in their own way with minimal input from TNG.

    If TIVAN is as good as TNG and SMS say it is, the technology has the potential to be deployed around the world.

    It was SMS Group that approached TNG before becoming a partner in the technology and I trust their judgement.

    TNG is not quite yet on it’s knees but the legs are starting to buckle. Since I have had shares in them the sp has dropped from 17 cents to 7. something cents..

    Unlike Chris Reed (who has embraced technology), the TNG CEO has been stuck in a geologists mindset for the entire time he has been there.

    I suppose it would be up to SMS Group to broker a deal if there was going to be one. I am pretty sure the long suffering shareholders would be happy to see some sort of deal that would get back some of the value and lost opportunity that has been lost over the years.
 
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