NMT 4.55% 10.5¢ neometals ltd

Hi, thanks for the reply. I would be very relieved if indeed the...

  1. 52 Posts.
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    Hi, thanks for the reply. I would be very relieved if indeed the entire sell of was due to a delay since that is something reversible and quickly at that and would not be unduly worried. There are a couple of factors at play here. During the AGM, they did agree that there were issues related to people involved being under quarantine in Germany (and lock down in Aus). Then there is the issue of permits. In the quarterly they do mention "Primobius is awaiting the imminent receipt of a federal emission permit (BImSchG) which will enable the Shredding Plant to be operated at a rate of 10 tonnes per day of batteries." Germany is not the fastest when it comes to files moving. Then there is the issue of third wave Covid being severe in Germany. I assume there could be a combination of the above factors. But, if this is indeed the case for a huge sell off, then I am not worried about it. The management is generally transparent. Even when a project failed they have informed the share holders (the Indian refinery for example).They have stuck to deadlines to the dot in 2021. We shall see how this evolves. June is not far away.
 
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