NMT 1.43% 7.1¢ neometals ltd

Battery recycling competitors, page-40

  1. 7,223 Posts.
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    Hello & welcome @SL555 & German investors

    Just a note to you all, this companies has LOTS of cash $$ in the bank, unlike EGR which had to lock you out in a trading halt at approx A$1.20 German close & cash raise at 60c !! That will not happen here with A$72 Mil in the bank.

    These guys are smart & have profited hugely from a successful JV in a LIthium mining venture, they walked away with approx A$120 Mil & have paid some of that out to reward shareholders.

    I am sure you have done all the research & know all this but just saying NMT is cash rich vs EGR which has been running on a shoe string for years.

    IMO both companies will do very well & I am invested in both, have been for a long time.

    https://hotcopper.com.au/data/attachments/2893/2893527-33d518f3bb79fd168e789202f4ddbd4e.jpg
    .
    Last edited by hatmopit: 11/02/21
 
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