@brownbox - management - depends who you ask & when.
If you asked back in March 2020 when they declared a 2c special div, lots were slagging them off as self serving but approx 78% of company is 'public' so it was handy for many at that time. Funny I had just bought some more pre ann as a 'safe' haven for a covid crash as MC was significantly lower than cash in the bank = free money
They may be 'old' & you have concern on their 'nimbleness' but the old saying of 'old age & cunning beats youth & enthusiasm every time' comes to mind or even cunning as shouse rats !!
They worked this company up form a lithium tenement to the largest producing mine in Australia & one of the largest in the world at NO cost to NMT, got 2x 'perfect' JV partners in to develop it & sell lithium too. Kept the 'King maker' % & sold it for good coin at the time, just before Li prices nose dived - hard to believe with the 2nd Li rush happening now !! Sold out but kept some interesting Li processing IP & rights to supply.
They pay themselves extremely well IMO but I think we have & will again find that it is value for money. Experts at JVs, spreading risk, getting others to tip in $$$ to bring projects to production/market.
I am looking forward to watching them bring many/most of NMT's great projects to production/market/profit.
General Neometals related news, page-32
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| Open | High | Low | Value | Volume |
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| Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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| Last updated 15.59pm 03/05/2024 ? | |||||
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