NMT 8.54% 8.9¢ neometals ltd

Ann: Vandium Offtake Agreement with Glencore, page-32

  1. 2,451 Posts.
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    I have actually been watching NMT for a number of years, and I think the SP was down around the $0.25c mark, but hitting a low of $0.16c since then.

    @Loophole1 was contributing then, and has continued to be very generous with thoughts, perspective and opinion since those days. I was in and out with one small position back then, but my impatience led me to sell which meant I missed out on the rise up to $2. It also means I missed out on the decline from $2 to $0.50c today.

    Seeing the price down at this level almost provides me with the ability to "right my wrongs", but after a couple of horrific years, I am trying to be more patient, thorough and considered in my investing.

    That said, I am pretty heavily invested given what I have seen, know and forecast for the next 1, 3 and 5 years. The declines are the culmination of strategic investment and hard work, which all appear to be due around the same time. It's a massive opportunity.

    Whilst I see a lot of upside, and potential for a bit of downside with games being played etc, but I don't want to miss out on major gains due to a few pips in the grand scheme of things - whilst acknowledging that the difference between $0.65c and $0.47c is also pretty significant.

    Exciting times, eyes on the prize.
 
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