NMT 4.76% 11.0¢ neometals ltd

Rough calcs on processing 200,000 tonne per year at 4% purity...

  1. 1,268 Posts.
    lightbulb Created with Sketch. 553
    Rough calcs on processing 200,000 tonne per year at 4% purity assuming approx 100% recovery at $3a pound profit is approx $50 million, split between critical 50% gives us $25m ish plus we own some 17% of critical so perhaps $30m per year ish to NMT at current prices.
    Should vanadium price increase by $3 pound then our take doubles to $60m yr as production costs are fixed.
    Not sure if NMT have given any estimated returns in past Ann’s and the above are very rough estimates but thought I’d try guess some basic numbers using low profit of only $3 pound.
    This excludes any value for the treated slag which is a saleable product once treated and should generate further income to these numbers, shoot me down if I’m talking crap only doodling, Loop.
 
watchlist Created with Sketch. Add NMT (ASX) to my watchlist
(20min delay)
Last
11.0¢
Change
0.005(4.76%)
Mkt cap ! $68.50M
Open High Low Value Volume
11.0¢ 11.0¢ 10.5¢ $7.938K 73.14K

Buyers (Bids)

No. Vol. Price($)
8 149681 10.5¢
 

Sellers (Offers)

Price($) Vol. No.
11.0¢ 225837 7
View Market Depth
Last trade - 11.54am 02/05/2024 (20 minute delay) ?
Last
10.5¢
  Change
0.005 ( 2.33 %)
Open High Low Volume
11.0¢ 11.0¢ 10.5¢ 56000
Last updated 12.07pm 02/05/2024 ?
NMT (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.