You see, when you spend 10 years discussing the same projects & then post them online, it gives potential investors with hindsight an interesting view of the venture.
Take, for example, the interview below, from 10 years ago.
At the 30-second mark, Chris says NMT has "divested" its gold assets & moved to their core focus of "lithium & titanium."
Well, I guess sending a company to the wall is a type of "divestment."
NEOMETALS LTD (ASX:NMT) - Ann: Barrambie - Maiden Gold Drilling Commences, 77770943, page-14 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
As per the interview above from 10 years ago, that would mean NMT is now focused on lithium & titanium, because they're the "metals of the future!!" Oh wait...what's this?
NEOMETALS LTD (ASX:NMT) - Ann: Gold Strategy, 78636267, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Geez, look at that. What's old is new again, I guess. Can't wait to break out my iPod from 2004.
So, 10 years ago, at the 1-minute mark in the above interview, Chris was talking about their new patented process for making lithium hydroxide. The ELi process. If only the lithium commodity price would spike, you know, to spur investor sentiment! Oh, wait, what's this?
Well, would you look at that! The commodity price spiked several times while NMT was working on this ELi process. Hmmm, geez, if only NMT had some cash at the time to develop this project. That would have been great. Oh, wait, what's this?
NEOMETALS LTD (ASX:NMT) - General Neometals related news, 72924470, page-4368 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Wow, NMT made over $200M from selling our assets. Wow. Now they have the tech, the money & the lithium price is through the roof. Awesome!! Geez, if only NMT had a partner. Oh, wait, what's this?
NEOMETALS LTD (ASX:NMT) - Ann: Lithium Chemicals Update, page-1 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
NEOMETALS LTD (ASX:NMT) - Ann: Quarterly Activities/Appendix 5B Cash Flow Report, 78849997, page-8 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
Hmmmm, yikes!!
In the above interview, listen for when NMT expects revenue, around the 6-minute mark.
This is what long-term investors have been hearing for 10+ years.
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Change
-0.001(1.37%) |
Mkt cap ! $55.39M |
Open | High | Low | Value | Volume |
7.3¢ | 7.3¢ | 7.0¢ | $103.0K | 1.434M |
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No. | Vol. | Price($) |
---|---|---|
2 | 146786 | 7.1¢ |
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Price($) | Vol. | No. |
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7.2¢ | 3363 | 1 |
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No. | Vol. | Price($) |
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1 | 62112 | 0.071 |
4 | 224000 | 0.070 |
2 | 53650 | 0.069 |
2 | 154459 | 0.068 |
4 | 171400 | 0.067 |
Price($) | Vol. | No. |
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0.073 | 9087 | 1 |
0.078 | 96516 | 1 |
0.080 | 36036 | 3 |
0.083 | 17000 | 1 |
0.085 | 525 | 1 |
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