General Neometals related news, page-3904

Did everyone watch that video? Now Chris might be looking to sell the VRP project. Why? Why does every project have to be sold!! Haven't these guys learned their lesson? What, NMT shareholders have to sit around & watch every other company get rich while we get diluted? What the hell is going on around here!!

Let's look at Mt Marion.

MIN pulled in $1 billion from Mt Marion. $1 billion dollars! A BILLION DOLLARS!!!!!!!! That's just this year. How much did they make last year & the year before that? How much will they make next year?

I can't remember the exact equity share that NMT ended up with before selling it, but I think it was around 20%. If NMT had kept their equity share of the project it would have pulled in around $200M in revenue this year. Hey! $200M dollars!!

20% of $1 billion dollars is $200 million!!



And the plant is being expanded to double the production!!






MINERAL RESOURCES LIMITED (ASX:MIN) - Ann: FY23 Annual Report to shareholders, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

Who's going to buy the VRP & how much money are they going to make off it? So, the VRP is going to be Mt Marion part 2, hey. The sequel. I've got to sit here & watch another company make billions off an NMT project, meanwhile, I've got to throw more money at this thing so they can keep on chasing rainbows & unicorns!

Give me a god damn break!