NMT 3.23% 9.0¢ neometals ltd

Ann: Extension Of On Market Share Buy Back, page-24

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  1. 1,286 Posts.
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    We shan't know revenue after cost until the shipment money gets banked which is six months from start, first shipment 6th Feb so excpect news on cash after 6th Aug is rough guess.
    Not sure if in various Ann's to date we know the exact tonnage shipped and the split between 6% and 4%, there have been some figs released on this and I think in analyst reports.
    The continued buyback until we reach 5% bought should hold us steady until then by soaking up any shorts, smart move by NMT, I don't think they can go beyond the 5% without informing the market so for now are buying up to that amount with no limit on expenditure, steady as she goes until shipment cash banked, Loop.
 
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