HI there in Australia, I am also from Germany and give you an idea of our trades in Germany of today, but mostly I trade shares on the home exchange, because of more liquidity. And an additional note for
@Megafauna: There are several trading locations in Germany than just Frankfurt (see below with volumes)
So I am now in this game for almost 5 years and so far i have mostly benefited from the dividends than from sp increases. But now the tide is turning imho. I was surprised by the jump over 40c and see this continue furthermore.
Besides, I was
very impressed by NMT's quarterly report from 22 January 2021. They give us so much information, you only have to read it carefully. For example
Another point: Neometals and
unlisted Scandinavian-focussed explorer,
Critical Metals Ltd (“Critical”), are jointly evaluating the feasibility of recovering high-purity vanadium products from high-grade vanadium-bearing steel by-product (“Slag”) in Scandinavia. A positive investment decision will lead to a 50:50 incorporated joint venture (“JV”) with Critical.
Maybe I overlooked beforehand whether CM is listed on a stock exchange. But because I was also interested in CM, I wrote a mail to Kris Gram, the Non-Executive Director for investment enquiries in Europe asking him on some details concerning their shares (on their website was no information whether listed or unlisted).
Quite an hour later I got the response. I think it's not a secret to publish the answer:
"Thanks for reaching out. Critical Metals Ltd is still a privately held Company, but as the projects and collaboration with Neometals develop, it would make sense to list Critical Metals on a stock exchange in Northern Europe – close to the Projects. However no decision has yet been taken. If and when such a decision is made, it will of course be made publicly available. Best regards, Kris"
Though is is a long way to that collaboration >>Vanadium Recovery Project(“VRP”)
- Prefeasibility study for VRP is expected to be completed by the end of June 2021
- Subject to making a final investment decision in September 2022 a 50% equity interest in RISAB (Recycling Industries Scandinavia AB) will be transferred to Neometals
- The City of Pori in Finland was chosen as the preferred location for sustainable vanadium recovery and production
But they have a clear and strait forward path in their strategy to bring products into markets
see the top right corner > "Rail Connection to China through Russia" that's the path !
So my last conclusion : NMT has a clear strategy to bring all those projects to fruitation (examples on the above) and therefore I will hold my position in NMT and will benefit not only on dividends, but also on further sp increases (I hope so
),
(20min delay)