Ann: Results of Non-Renounceable Entitlement Offer and Shortfall, page-15

  1. 1,951 Posts.
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    Whats done is done, the reality is a no revenue company got pushed high, just like LKE, CXO, NVX and a few others in this battery space for no good reason apart from speculation from punters

    Lithium prices have crashed and so has all the battery space companies SP. NMT is no different. My only criticism of management was the vanadium "unicorn" as that was higher on the CAPEX and OPEX cost curves than other vanadium plays so was no surprise to me that fell over

    So the main question is this, what's the number one thing to affect the SP, its the stelco deal or a huge lithium price spike in 2024

    MB revenue is 2026, if Stelco gets delayed then my "guess" would be 18 cents looks very expensive. So 2024 could be an opportunity to average down a lot, if you think the company has any future or you're willing to have a 5 year timeframe.


    Last edited by Melen100: 13/12/23
 
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