NMT 2.34% 6.6¢ neometals ltd

What do you guys expect to happen in the short term? A lot of...

  1. 201 Posts.
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    What do you guys expect to happen in the short term? A lot of the information presented is for future works but how do you compare this with the fact NMT has no reported revenues lately, most of its earnings have been from asset sales, and that speculating on future projects going ahead is highly risky?

    I understand DYOR and never buy what you can't afford to lose and I am following those principles but I would like to see how other people come to conclusions about the share price.

    How do you model a company that is less revenue driven and more R & D losses followed by windfalls when the R & D pays off?

    I read that they were looking at generating revenues from licensing some of their technology but this also appears to be a point that may happen in the future.

    But if Mt. Marion is sold and the lack of revenue will mean the company is burning cash.

    I understand that they have a lot of cash but I think my question as to how to model such a company makes sense.
 
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Last
6.6¢
Change
0.002(2.34%)
Mkt cap ! $40.82M
Open High Low Value Volume
6.4¢ 6.6¢ 6.2¢ $57.40K 892.3K

Buyers (Bids)

No. Vol. Price($)
1 100000 6.3¢
 

Sellers (Offers)

Price($) Vol. No.
6.7¢ 269 1
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Last trade - 15.35pm 09/08/2024 (20 minute delay) ?
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