NMT neometals ltd
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Ann: Second Quarter Activities Report, page-5

  1. ProCapitalism
    5,854 Posts.
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    23/01/25
    16:59
    Post #: 77534929
    Hi Andrix

    Depending on the battery chemistry being processed, these Spoke plants barely break even.

    NEOMETALS LTD (ASX:NMT) - Ann: Primobius - 50tpd Hub Engineering Cost Study Results, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    https://hotcopper.com.au/data/attachments/6757/6757475-5f72e9ac004e6de48b6e31e071aa5994.jpg

    That's all NMT has, a single Spoke plant. Well, it's more of a demonstration plant really & I don't think it runs 24/7. So, any revenue being generated is being sucked up by the operational costs, leaving nothing left over.

    The real money is in the Hub, with all the battery grade chemicals.

    But, as I suspected, I think shareholders have a long wait ahead. So, to remedy the situation, NMT might need something to distract the masses. Apparently, NMT will be a gold producer.rolleyes.png

    https://hotcopper.com.au/data/attachments/6757/6757497-8cd8a1aa95ecb8e6bf59f54a53cc45e9.jpg


    NMT Price at posting: 8.0¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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