NMT 5.00% 10.5¢ neometals ltd

An excellent interview, thank you for posting.It sounds like an...

  1. 4,441 Posts.
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    An excellent interview, thank you for posting.

    It sounds like an open & down to earth interview with the CEO of MB.

    At the 1:20 mark, he comments on the tough Macro environment & how challenging it is. He talks about being flexible with the current market, which I assume means they'll scale up or down EV production to meet demand. Obviously, from the article I posted, for the moment they're scaling down.

    At the 3:30 mark, he makes comments about the EV market, his terminology is "there will be peaks & troughs".

    Meanwhile, Chris "Let's dilute all my loyal shareholders" Reed, is pumping out the below rubbish to new investors, just three weeks ago.

    https://hotcopper.com.au/data/attachments/5985/5985868-3bc396be94651ceae99a877b2e2bf195.jpg

    NEOMETALS LTD (ASX:NMT) - Ann: Investor Presentation - Benchmark Minerals World Tour, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    500tpd plants within the next 15 years? Really? That's impossible, if you ask me. Look at the curve in the above graph, if that's to be believed, the first 500tpd plant could be built in the next 5 years. Clearly, from the interview post by @Cornhulio, and the article I posted, that's not what MB is implying at all. Well, that's my interpretation anyway.

    The fact that no other project, from Barrambie, VRP to lithium chemicals is being spruiked on any Crux interview anymore tells me all those projects are dead in the water for some time.

    NEOMETALS LTD (ASX:NMT) - General Neometals related news, 72573405, page-4318 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    NEOMETALS LTD (ASX:NMT) - General Neometals related news, 72581314, page-4324 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    NEOMETALS LTD (ASX:NMT) - General Neometals related news, 72577874, page-4320 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    I think they needed Spargos to bring life to a company that's treading water, again! Just like they were after selling a world-class asset for cents on the dollar.

    NEOMETALS LTD (ASX:NMT) - Ann: Neometals Discovers Spodumene-bearing Pegmatite at Spargos, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    NEOMETALS LTD (ASX:NMT) - Ann: Spargos Exploration Update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum

    But this time around, NMT doesn't have hundreds of millions of dollars sitting in the bank. Just a whole lot of promises to current & new investors who better have deep pockets!! Deeper than mine!!



    Last edited by ProCapitalism: 25/02/24
 
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