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1.47% 6.9¢ neometals ltd

Li-Cycle pauses construction of its Rochester Hub due to...

  1. Lundy
    74 Posts.
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    24/10/23
    04:42
    Post #: 70495531
    Li-Cycle pauses construction of its Rochester Hub due to increasing costs, stock falls more than 40%.

    https://li-cycle.com/press-releases/li-cycle-announces-review-of-the-rochester-hub-project/

    Neometals strategy, to license the technology and to offer to build the factory separately, with the backing of plant-builder SMS, seems to be the better one, I think.

    However, I fear that some investors lost their faith in battery recycling for now and that could also negatively affect Neometals shareprice, I fear.
    NMT Price at posting: 29.5¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 11  Upvote
    lightbulb Created with Sketch.  Great analysis
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