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11.0¢ neometals ltd

I never did say NMT has a PE of 60, it was a thought experiment...

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Melen100

1,234 Posts.

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16/10/23

18:28

Post #: 70373214
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Originally posted by resilient: ↑

I took nothing comforting out of the crux interview.
The interviewer was struggling to spin anything positive out of the answers he received.
In my view Barrambie is dead regardless of Chris spinning the running of parallel processes. Shareholders of NMT will end up owning this is due course or it will be put on the back burner so as not to require any further cash drain on the company.
I have a particular worry about the debt and equity package promised by the end of November for the Vanadium Recovery Project. I am personally doubtful given the outlook, but I am prepared to be surprised. They are certainly due a win somewhere!
I found the reference to a PE of 60 patently absurd even if they eventually start to earn royalties from their hopeful/ expectation of plants built with projected revenues of US $50m. This revenue is at least 5 years away at a minimum.
I still expect a capital raise sometime in the next 3- 6 months
I wouldn't be surprised to see some board renewal, which is probably due, over the next 12 months
GLTAH

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I never did say NMT has a PE of 60, it was a thought experiment you Muppet, sell and leave

Last edited by Melen100: 16/10/23

NMT Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.0¢		Change -0.010(8.33%)		Mkt cap ! $75.88M

Open	High	Low	Value	Volume
12.0¢	12.0¢	10.5¢	$197.3K	1.756M

Buyers (Bids)

No.	Vol.	Price($)
12	613302	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	154116	1

View Market Depth

No.	Vol.	Price($)
12	613302	0.105
15	532556	0.100
1	100000	0.098
1	50000	0.097
1	50000	0.096

Price($)	Vol.	No.
0.110	154116	1
0.115	80000	1
0.120	301657	5
0.125	123907	3
0.130	108533	3

Last trade - 16.10pm 02/10/2024 (20 minute delay)

NMT (ASX) Chart