Hi Loop
I agree with what you say. By the time they pay the royalty they cant afford to flood the market and drop the price. Although our share price is currently valued on Mt Marion i wouldnt be surprised if Gang Feng buy us and MIN out of the mine. IMO its quite possible the future of NMT will be the titanium and other projects with Hannans being their next lithium mine and feedstock source for processing plant etc. However this is only my guess and i could well be wrong. Hopefully news on other projects and mine income soon to send share price in an upward direction!! Funds buying in obviously have faith in future projects. By diversifying into downstream projects sp could become less volatile
Ann: Change of Director's Interest Notice, page-35
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Last
14.5¢ |
Change
0.035(31.8%) |
Mkt cap ! $100.0M | |||
| Open | High | Low | Value | Volume |
| 11.5¢ | 15.5¢ | 11.5¢ | $628.3K | 4.583M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 351437 | 14.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 382864 | 5 |
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| Last trade - 16.10pm 26/09/2024 (20 minute delay) ? |
| NMT (ASX) Chart |