NMT 7.29% 8.9¢ neometals ltd

Ann: Option to Acquire US Precious Metals Process & Plant, page-2

  1. 4,576 Posts.
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    What exactly do they plan to do with this tech? Implement it where? With who? With what funds? Why didn't they do this when they made $200 million from the sale of Mt Marion. You know, expand the business, instead of paying dividends to the largest shareholders in NMT who are family & friends.

    I don't get it. Is this another unicorn or rainbow? In other words. Are they going on a wild goose chase or chasing objectives they can't achieve?

    It looks to me this is a desperate attempt to gain interest from new investors & at the same time dangling some hope in front of current investors by spruiking the prospects of short term cash generation.

    I'll have to see it to believe it!!
 
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