I think people trying to read too much into this.
There is probably more to this than any of us are aware of. I think the relationship between the 3 companies, NMT, HNR and of course Critical is deep and there are plans that will be evident over time. What those plans are, we can all guess, for now.
What I do know is that Chris Reed appears to be a smart operator.
NMT, the core Primobius deal with SMS is a winner. NMT been divesting some mining assets, and shareholders get the benefit.
The deal with HNR is an interesting one, I am actually a fan of licensing agreements, it provides income and spreads risk on what is a bit of a feeding frenzy in the recycling industry. We know management is close and we know NMT LARGE shareholder HNR. Win, Win.
I think there is something larger at play here. Would not be surprised in 5 years time (total guess), you see a merger of NMT/HNR and maybe something involving Critical as well.
This EV battery value/supply chain industry is only in its infancy, and we know it is going to be HUGE because governments want the world to move away from the internal combustion engine.
I own NMT, and I jumped on HNR sub 2c when I saw the news, I sold 50% at 4.2c, and now have free carry on a reasonable parcel. I am lucky enough to be free carry NMT as well. They are both tucked away in my portfolio.
I repeat that I think there is a medium to long term plan between these companies, and I want to be part of it.
DYOR & GLTAH.
- Forums
- ASX - By Stock
- General Neometals related news
I think people trying to read too much into this.There is...
-
- There are more pages in this discussion • 3,983 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NMT (ASX) to my watchlist
|
|||||
Last
9.9¢ |
Change
-0.001(1.00%) |
Mkt cap ! $61.65M |
Open | High | Low | Value | Volume |
10.5¢ | 10.5¢ | 9.9¢ | $68.45K | 686.9K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 644711 | 9.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
10.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 644711 | 0.099 |
4 | 73600 | 0.098 |
1 | 10000 | 0.097 |
7 | 93763 | 0.095 |
1 | 20000 | 0.093 |
Price($) | Vol. | No. |
---|---|---|
0.100 | 20000 | 1 |
0.105 | 952032 | 12 |
0.110 | 153824 | 6 |
0.115 | 70590 | 6 |
0.120 | 309801 | 9 |
Last trade - 16.10pm 19/06/2024 (20 minute delay) ? |
Featured News
NMT (ASX) Chart |
The Watchlist
INF
INFINITY LITHIUM CORPORATION LIMITED
Ryan Parkin, Managing Director & CEO
Ryan Parkin
Managing Director & CEO
Previous Video
Next Video
SPONSORED BY The Market Online