NMT neometals ltd
Add to My Watchlist 1.37% ! 7.2¢

Agreed; feels like an overreaction this morning?In the current...

  1. avinvest
    1,001 Posts.
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    30/10/23
    10:15
    Post #: 70608816
    Agreed; feels like an overreaction this morning?
    In the current enviro it seems prudent to focus capital expense on the most promising project which is the following (do spin offs with the rest...):

    BRIEF-Neometals Announces Mercedes - Benz Battery Recycling Plant Purchase Order 23 08 2023 11:46am AEST Aug 23 (Reuters) - Neometals Ltd : * MERCEDES - BENZ BATTERY RECYCLING PLANT PURCHASE ORDER * MERCEDES RECYCLING PLANT INSTALLATION IS SCHEDULED TOCOMMENCEIN Q4 2023, IMMEDIATELY AFTER BUILDING COMPLETION * PRIMOBIUS GMBH RECEIVED A PURCHASE ORDER FOR SUPPLY OF A10TONNE PER DAY SPOKE WITH MERCEDES * PRIMOBIUS IS FINALISING FEED ACTIVITIES FOR INTEGRATEDMERCEDESLIB RECYCLING PLANT AND EXPECTS A SEPARATE HUB PO IN SEP Q 2023 * FACILITY IS EXPECTED TO HAVE AN ANNUAL CAPACITY OF 2,500TONNES,RECOVERING MATERIALS * FACILITY WHICH WILL BE FED BACK INTO PRODUCTION OF ATARGETED50,000 BATTERY MODULES FOR INSTALLATION INTO NEW MERCEDESVEHICLES * SPOKE INSTALLATION IS PLANNED TO COMMENCE IN Q4 2023 WITHCOMMISSIONING SET TO COMMENCE IN Q1 2024.
    Last edited by avinvest: 30/10/23
    NMT Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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7.2¢ 		Change
-0.001(1.37%) 		Mkt cap ! $55.39M
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