NMT

1.37%

7.2¢ neometals ltd

Ann: Mt Edwards - Mineral Resource Over 120,000 Nickel Tonnes, page-25

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myJGC

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26/06/18

16:06

Post #: 33958962
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Originally posted by Loophole1 ↑

Great top up opportunity, never thought we’d see such low price this late in the game with all that’s going on.
Mount Marion take or pay mine life deal with Gangfen is worth at least 56 cts and basically de risks the share with steady income now flowing from the mine making future dividends sustainable.
Worth buying NMT for divi alone never mind the substantial upside.
We have $100 billion USD in ground value at Barambie in the first 80m from surface, new drilling down to 260m with target to double the resource, “titanium the big one” we own 100% here and anyone paying as little as 1% of in ground value puts us at $3 a share.
DSO the ore or JV mine with partner could see us yield much more than that.
Gangfen raising $1.5;billion to buy lithium supply, will they buy MIN and/or NMT out at Mount Marion? That would appear an obvious choice as they own 42% Mount Marion already, they have take or pay deal with both, I expect would like to be free of that going forward.
Also both have buyback agreement for up to 51% processed ore come 2020, although NMT may will wish to keep that to feed Lioh plant unless an alternative supply can be found.
Gangfen know the Mine, are processing the product, and keen secure future supply as lithium demand continues to increase as car companies turn to EV production, time will tell if they go for Mount Marion or some other lithium producer.
Today’s share price irrelevant if your holding long, patience is the key, give a year or two we should be in a very different place, “be brave when others are fearful”, load up or sit tight are my thoughts on this one, Loop.

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Haha love it!!

Yep so much upside, and trust me I am tempted to scoop it all up but lets just say I have bought up my fair share over the last few months - anymore and my wife will start to ask questions!!

I certainly have patience so will be running with this one for a very long time.

Last edited by myJGC: 26/06/18

NMT Price at posting: 29.0¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 7.2¢		Change -0.001(1.37%)		Mkt cap ! $49.67M

Open	High	Low	Value	Volume
7.2¢	7.6¢	7.1¢	$14.82K	203.6K

Buyers (Bids)

No.	Vol.	Price($)
2	130642	7.2¢

Sellers (Offers)

Price($)	Vol.	No.
7.3¢	51359	1

View Market Depth

No.	Vol.	Price($)
2	130642	0.072
3	105205	0.071
4	56521	0.070
1	10000	0.069
2	83500	0.068

Price($)	Vol.	No.
0.073	51359	1
0.079	12188	1
0.080	130000	1
0.090	114976	2
0.091	100000	1

Last trade - 16.10pm 06/09/2024 (20 minute delay)

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Ann: Mt Edwards - Mineral Resource Over 120,000 Nickel Tonnes, page-25

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Ann: Mt Edwards - Mineral Resource Over 120,000 Nickel Tonnes, page-25

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