I would really appreciate if somebody could explain to me whats...

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Haseebabdul86

114 Posts.

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03/02/17

21:51

Post #: 22364576
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Originally posted by nicolaas ↑

DMK

like you I have been buying NMT ( RDR ) for many years. Accumulating since circa 2007.

The issue of what happens to the stock price I agree has little if any to do with timing of any current shipment. The critical mass lies with management decisions. My money has stuck with the Reed family for a decade now. The company failed in its aborted entry into Gold production at Meekatharra. Many if not most of the investors bailed as the share price went from $1.10 to below 2 cents. Most wrote off Reeds as a company with any future altogether.

The future lies in the hands of Chris Reed, the Board, his co directors and the major investors.
To dividend or not to dividend.
To reinvest or not to reinvest.
The next few months will tell. NMT has the product. The timing is right. All that remains now is putting the detailed planning into execution. Corporate strategies rarely get driven by share price solely unless fluctuations are seriously damaging, which they havent been of late.

I met David Reed ( Chairman ) in Melbourne several years ago at a Mining Industry seminar in the pre NMT days. Hes a tough operator with a handshake like a bear - not bad for an accountant. If the Reed family cant pull off the long term play for this company then probably no-one can. I have backed them for a decade in better and very bad times. For all of you who have joined on the Lithium bandwagon in the latest developments I have this advice. Its the quality of the people in NMT that saw the Lithium horizon opening up. The Reeds saw it, worked hard and set up a low risk structure which we are and will all benefit from if the world doesnt rock off its axis. You might think "its all about the Lithium" which from one angle is very true; but its just as much about who is managing that resource; their integrity and the capacity by virtue of industry experience to deliver is what will make this a long term succes or not.

To all the new NMT ( RDR ) investors welcome to what has been decades in the making - it just turned out that it was Lithiums turn to be the resource of the day rather than Vanadium or Gold.

My personal experience tells me this is the play that will define many who are directly or indirectly involved. The upside potential is still great. Time will tell if we have the stickability that the Reed family and the long term investors had to bring this opportunity about. " did I sell too soon again" might well sum up those who wont stick around for the big celebration that the NMT family should hold in Perth one day not too far away.

Whatever happens this is a very exciting time and I am happy to see the growing success of NEOMETALS and that the excitement is being shared by so many new shareholders.

Stick with it.

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I would really appreciate if somebody could explain to me whats the modus operandi of the arrangement between nmt min and gangfeng. I knw its 13 43 and 43. Butwhat about the future. Is there any way we could take back bigger percentage of mt marion sometime in future? For how many years does the take or pay arrangement holds with gangfeng? When would we be able to renogotiate pricing with gangfeng? Coz 572 usd/t is too low as compared to galaxys 800ish/t. May be thats why market is a bit less excited as compared to galaxy? Anyone?

NMT Price at posting: 39.5¢ Sentiment: Buy Disclosure: Held
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Last 8.9¢		Change -0.005(5.32%)		Mkt cap ! $68.47M

Open	High	Low	Value	Volume
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