Ann: Mt Edwards Nickel - Gillett Resource increases 30%, page-11

The battery recycling project is one we will be keeping a significant interest in. It could be 50%, I just can't recall offhand. I believe there's a video interview on these NMT threads discussing that project, if you haven't seen that one it is well worth the 15 mins or so.

More broadly, owning any investment is a risk. Funnily enough, in these strange times even owning a house is a risk. It's all a gamble, educated or otherwise. For me, I look at Neometals, at their several incredible potentialities and can't even calculate the upside should even two of them come to fruition. Certainly an SP of several dollars is possible based on nothing more than keeping up with the dividend. The downside here is 17c, or maybe just 13c or so taking into account how much I've received in dividends in the last few years. Or mabye even 9c, if they do nothing but just burn through their cash but not before giving me another 3-4 years of dividends.

It's easy to take potshots at a gamble, but it's a lot more fun to just have a bet yourself. In the meantime Neometals is making risk-averse progression along their timelines for several projects (noting that Barrambee has slowed considerably while they look for a JV partner and possibly better market conditions). Definitely a long term play, and in these strange times to be frank their suite of projects look even more attractive than they did six months ago.