NMT 2.27% 8.6¢ neometals ltd

I talked the same issue with my friend a couple of times, who...

  1. 46 Posts.
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    I talked the same issue with my friend a couple of times, who owns NMT too. Both of us agreed they made a mistake and caused the delay.Initially, my view was the new discharge process was not a big deal. Because it is normal for an engineer to fix an unpredictable issue during commissioning. But this time, I changed my mind due to the further delay. At least, management should have known this further delay when they had known the extra discharge process.The basic engineering way is to assess the risk on cost and timing at beginning to let management team be aware of the scope of the risk. IMO, management team chose to release the bad news gradually. It explained the weakness of the share. I was upset they just mentioned it to all the shareholders just before the AGM. Anyway, I'm still optimistic on NMT for its long-term. Short-term, sadly, it could impact on both NMT&HNR's sp behavior.


 
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