My thoughts on this recent sale of MM are
NMT getting into the lower end of the Li cost curve. And being able to hold a larger % of the KLR. where the real profit will be. With the investment they have with Mt Holland and MT Edwards they can get back with what they have sold in MM if the need or choose to.
NMT holding a larger % of Barrambie is also another use of the cash. fast tracking to the DSO stage will also allow them to retain a larger % of the finished project, but I don't think NMT are to interested in been two hands on in the building of processing plants. A JV like we saw with MM will work
I think once both the projects are fully completed I think they will be held. NMT Making profit. Paying Dividends and looking for the next opportunity.
Good times ahead for the patient
- Forums
- ASX - By Stock
- Ann: Sale of Mt Marion equity for A$104M and retention of Offtake
My thoughts on this recent sale of MM are NMT getting into the...
-
-
- There are more pages in this discussion • 25 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NMT (ASX) to my watchlist
|
|||||
Last
7.0¢ |
Change
0.001(1.45%) |
Mkt cap ! $43.62M |
Open | High | Low | Value | Volume |
6.9¢ | 7.0¢ | 6.8¢ | $48.64K | 706.8K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 197782 | 6.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.0¢ | 18775 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 197782 | 0.068 |
2 | 149254 | 0.067 |
2 | 180000 | 0.066 |
4 | 65050 | 0.065 |
1 | 46880 | 0.064 |
Price($) | Vol. | No. |
---|---|---|
0.070 | 18460 | 1 |
0.071 | 13902 | 1 |
0.072 | 1000 | 1 |
0.073 | 113711 | 4 |
0.075 | 1000 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
Featured News
NMT (ASX) Chart |