The video at the end of this article is interesting.
My concern is what competitive edge or proprietory IP does NMT have when compared to the multiple OEM's that are likewise ramping up their recycling programmes ?? For example, VW's pilot plant recycles 95% of the battery without using pyromet (as per the video).
How fast can NMT roll out its hub-and-spoke model prior to alternative systems being established ??
Finally, given that a number of OEM's are building their own recycling business divisions, how will NMT secure LT access to the valuable end-of-life batteries from which to extract the payables from ??
I am invested in NMT and like the narrative but do think there is a risk of them being steamrolled and unless their technology is patent protected and vastly superior to other technologies (incenting partnerships) there are risks here.
Cheers John
NMT Price at posting:
35.5¢ Sentiment: None Disclosure: Held
