NMT 3.23% 6.4¢ neometals ltd

Demonstration plant trialling of process improvements to the...

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    Demonstration plant trialling of process improvements to the hydrometallurgical refining
    flowsheet have yielded outstanding results with nickel, cobalt and copper recoveries of
    >95%, new lithium process recoveries pending, previous process recovery >83%;

    Seems they were forced to make the announcement without lithium recoveries. then were pushed to make a call on hitting the announcement date without this information. probably heightened due to the current SP activity.

    Will we get another announcement to confirm that lithium recoveries have increased?

    Also will be interesting to see costs revised with new recoveries, likely will have some impact to margins
 
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