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8.6¢ neometals ltd

Great review - i'm loving this, and you answered my question re...

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248 Posts.

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06/01/21

18:11

Post #: 49988330
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Originally posted by Golong76: ↑

The management team identified the opportunity for the clean, green revolution over 7 years ago and have methodically go about acquiring and developing assets of the commodities required, but more importantly focused on adding value through the supply chain with an emphasis on recycling commodities at end of life (a requirement for all major battery/ EV companies).
They divested Mt Marion at precisely the right time (although have offtake rights come 2021), are cashed up (despite paying yearly dividends), no debt and have a strategy to outsource and partner for developing their assets significantly reducing their risk/ capital requirements.
This is the largest position I have and very excited about the strategic direction of the company - Chris Reed and the Board have expressed their belief this is a $Billion dollar market cap company.
Time will tell but with all that is going on in the world and the real push now into green critical metals........the macro outlook has never looked better for Neometals and their assets (in my opinion).

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Great review - i'm loving this, and you answered my question re debt - appreciated - with thx

NMT Price at posting: 28.0¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 8.6¢		Change 0.000(0.00%)		Mkt cap ! $53.56M

Open	High	Low	Value	Volume
8.5¢	8.7¢	8.5¢	$9.968K	116.6K

Buyers (Bids)

No.	Vol.	Price($)
15	667817	8.5¢

Sellers (Offers)

Price($)	Vol.	No.
8.6¢	207087	13

View Market Depth

No.	Vol.	Price($)
15	667817	0.085
10	229791	0.084
4	50560	0.083
2	101500	0.082
4	157700	0.081

Price($)	Vol.	No.
0.086	207117	13
0.087	109780	4
0.088	216198	4
0.089	109393	4
0.090	201500	2

Last trade - 14.59pm 03/07/2024 (20 minute delay)

NMT (ASX) Chart

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