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2.27% 8.6¢ neometals ltd

Ann: Disposal of Mt Marion Offtake Rights for A$30M, page-4

  1. seberhardt
    273 Posts.
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    03/06/21
    12:44
    Post #: 53620342
    I guess the Indian refinery project is dead. Anything else would surprise me....

    30m for the off take rights seems a good price though. Management is very opportunistic.

    I don't expect a dividend. In some late presentations from Chris the topic of funding for the Primobius and Vanadium projects came up. He did not rule out the need for a cap raise. So this 30m should stay in the bank for now.
    NMT Price at posting: 53.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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