NMT 4.35% 11.0¢ neometals ltd

General Neometals related news, page-2141

  1. 17,189 Posts.
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    You might recall @GreatWA that just over a year ago I received an unwelcome medical diagnosis.

    I was forced to reassess my investment strategy, from investing in companies with medium to long horizons to investing in companies that were already making money (or close to it).

    That meant getting out of HZR, reducing my investment in NMT and retaining a small number of TNG.

    I poured most of that capital into lithium producers, with little or no debt that were making money (or were about to).

    Fortunately I pulled the right cord, if you are following the lithium story, you will know what I mean.

    I did retain a reasonable number of NMT, a small parcel of TNG and none of HZR.

    Due to the marvel of modern medicine, my used by date has not yet been reached. In fact, I am now able to consider companies whose pathway to commercialisation are a bit further into the future.

    Just a couple of days ago, I bought some more TNG.

    I have hopes that the common link between NMT and TNG (with the SMS Group) will bring them together in some way. If not, I hope both companies succeed in their own right.

    In the meantime, the lithium wave keeps building.

    As for NMT, I still consider them one of the best run companies in the ASX.



 
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