NMT

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8.6¢ neometals ltd

General Neometals related news, page-3869

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Tarvold

22,281 Posts.

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31/10/23

19:14

Post #: 70650308
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Originally posted by Melen100: ↑

Wrong, the vanadium fantasy was going to cost $400 mill euros, CR made it quite clear a week or 2 ago there was no way they would be able to stump up 200 million and suggested in the video a strategic investor would take a majority stake and NMT stake in that would get heavily watered down.

The strategic buyer has appeared to have fallen through, so I see nothing has changed apart from a disclosure to critical that NMT share holders are not on the hook to fund a $400 million-euro plant

This is good, if you want to invest in Vanadium there are better plays than this fantasy ever was.

So, where is NMT at, I agree with others, no income until 2025/2026 from royalties, so I also agree this could get ugly next year,

Re-cycle have halted their build, EV adoption is slowing, and every OZ miner I see is switching to Lithium. Batteries are moving to LFP.

NMT has released enough info of what a 50 tpd plant looks like for revenue (and company valuation), and the only SP driver I see is the Stelco deal, if this is delayed, well we won't be back to $2 in 5 years.

But buying at 20,10, 5 cents is a completely different story than buying at $1 If we get a couple of plants in the next 2-3 years (if you have that timeframe)

This is the gamble here, same with HNR

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You obviously didn't't read my post correctly because you just agreed with it.

NMT Price at posting: 21.5¢ Sentiment: None Disclosure: Not Held
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Last 8.6¢		Change 0.001(1.18%)		Mkt cap ! $59.33M

Open	High	Low	Value	Volume
8.5¢	8.6¢	8.1¢	$29.06K	343.4K

Buyers (Bids)

No.	Vol.	Price($)
1	6100	8.3¢

Sellers (Offers)

Price($)	Vol.	No.
8.6¢	15903	1

View Market Depth

No.	Vol.	Price($)
1	6100	0.083
1	15000	0.082
1	148632	0.081
2	25000	0.080
3	76617	0.075

Price($)	Vol.	No.
0.086	15903	1
0.089	170000	2
0.090	141260	4
0.091	25000	1
0.092	45306	1

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General Neometals related news, page-3869

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Utah authorities sign off on Anson's lithium extraction plans at Green River

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General Neometals related news, page-3869

Top Stories

Mako sniffs gold at 170 g/t at Cote d’Ivoire's Napié play

Enova Mining unveils "high-grade" REE drill hits at Coda North, Brazil

Metals Australia kicking off plant study at Lac Carheil; Canadian tariff tailwind potential

Medallion Metals kicking off 15,000m drill run at Ravensthorpe gold play

Vulcan appoints investment bank and M&A veteran to board

Dale Gillham's weekly wrap: US fracking support boosts outlook for Australian gas stocks

Antipa divests its Citadel interest to JV partner Rio for A$17M, refocuses on Minyari Dome

Olam Agri raises Namoi takeover offer to 75 cents a share and receives shareholder backing

Week 37 Wrap: HotCopper likes Cuban oil; markets shrug debate off for Putin; firebrand quant says social media a market threat

Utah authorities sign off on Anson's lithium extraction plans at Green River

Featured News

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