NMT 0.00% 12.0¢ neometals ltd

Ann: Mt Marion Lithium Project Shareholding - Sale Notice Update, page-24

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  1. 63 Posts.
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    @Benobe I think there are quite a few of us watching. my belief is nmt had to offer the 13.8% of rim to min and ganfeng first . Possibly ganfeng thought they could get back the 51% offtake with buying out nmt hence why ganfeng board approved $96,000,000. when this did not happen ganfeng pulled out of the deal. Similar deal happening at pls, imho this to me indicates that ganfeng is trying to guarantee supply up too and past 2020. I think nmt will sell to a fund/insto as this could have been their intention. Happy to hold long term .
 
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