From NMT's ann on friday detailing their activities report.....
"Hannans Limited (ASX:HNR)
As at 31 December 2016 Neometals holds 709,833,333 Ordinary fully paid shares (42.3% of the issued capital) in Hannans Limited on an undiluted basis. At 31 December Hannans shares closed at 1.6c.
Neometals will assist Hannan’s subsidiary Scandinavian Co to realise lithium, cobalt and carbon opportunities in Scandinavia through a technical assistance agreement. Neometals will hold 13.5% of Hannan’s subsidiary once that agreement is finalized. "
the last section is about critical metals. There is quite a close relationship between nmt, hnr and critical metals. How it all works and pans out i guess we will see. You have the same people trying work through assets across Scandinavia, while also working through qvr and forrestania.
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From NMT's ann on friday detailing their activities report........
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