NMT

8.00%

11.5¢ neometals ltd

great summary . everyone I personally know have a pretty big...

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Christian Dyor

7,133 Posts.

572

20/09/23

14:43

Post #: 69937950
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Originally posted by BrucieKibbutz: ↑

Real Inflationary pressures for the first time in 20 something years,

Macro looking rubbish and commentators have been calling for a recession for about 18 months so people are removing capital from markets and putting it in banks where you can actually make something also for the first time in 20 ish years.

Macro and inflation has also seriously dried up investment capital in regards to funding market wide, so the people lucky enough to get funding or finance are having to jump through many more hoops and this is taking longer as lenders are being more cautious.

Russia's war.... ( happy to have the discussion with people that think this has had no impact). While not affecting NMT directly the cost of power has increased in Europe considerably, The weather thankfully stayed warmer than average the winter just gone past but there is a good chance next season wont be so kind and energy prices will rise again.

Probably most importantly the price of lithium has come off massively over the last 18 months, This is reflected in most producers and explorers market caps.

I would suggest the shift towards LFP becoming a more dominant Chemistry which provides smaller margins.

Deadlines being pushed out for a variety of reasons, mostly out of the companies control. Such as redesigning for higher recoveries to match the New European regulations. I'm not defending the all the deadline creep though as its definitely taking its toll on the SP.

People just getting bored of waiting.

I still see value here and its why I have averaged down as well as up over the last 2 or 3 years, but I can understand why some holders are getting bitter about seeing their capital destroyed and their patience eroded . At least here I don't get the feeling its because the company doesn't give a $h%t about the holders and I'm sure there a lots of reasons for the delays that we can't be told due to market sensitivities etc.

You could probably add plenty more to that equation including the games China has been playing with pricing etc
but basically take a combination of those factors and i can see why the share price has come off..... although I don't believe it should have dipped this far.

Happy to hear others takes on it.

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great summary . everyone I personally know have a pretty big cash position now . in banks and bonds . will be intresting when risk sentiment changes

NMT Price at posting: 42.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.5¢		Change -0.010(8.00%)		Mkt cap ! $79.33M

Open	High	Low	Value	Volume
12.5¢	12.5¢	11.0¢	$98.90K	850.0K

Buyers (Bids)

No.	Vol.	Price($)
3	44538	11.5¢

Sellers (Offers)

Price($)	Vol.	No.
12.0¢	160633	4

View Market Depth

No.	Vol.	Price($)
3	44538	0.115
11	347688	0.110
17	847043	0.105
13	701378	0.100
1	50000	0.096

Price($)	Vol.	No.
0.120	160633	4
0.125	173900	4
0.130	165000	3
0.135	280000	1
0.140	92500	3

Last trade - 16.10pm 04/10/2024 (20 minute delay)

NMT (ASX) Chart

great summary . everyone I personally know have a pretty big...

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

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great summary . everyone I personally know have a pretty big...

Top Stories

Week 40 Wrap: China's nonsensical stimmy hype wanes (shocking!); HotCopper's picks; oil & inflation

Cokal upgrades infrastructure for BBM ramp-up in Indonesia

Buxton projects new graphite province discovery at WA Narryer play

Neurotech knocked back by FDA as agency declares target condition not rare enough for special status

Solstice Minerals to ramp up drilling campaign at Yarri Gold Project

Actinogen Medical ramps up Alzheimer’s treatment trials, targeting fast-track global approvals

Recce eyes Indonesia for novel anti-infective as Indo-Aus ties grow stronger

BCI reaches close of funding facility for salt-first part of Mardie project

Coda Minerals (ASX:COD) enters rights issue to further exploration in South Australia

White Cliff jumps 24% on 'bonanza grade' copper rock chips at Rae project, Canada

Featured News

Buyers (Bids)

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