NMT 0.00% 13.5¢ neometals ltd

I would also expect that a new license will be announced by NMT,...

  1. 75 Posts.
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    I would also expect that a new license will be announced by NMT, therefore I am wondering why it didn’t happen.

    Is the reason maybe that it is not a signed deal yet?

    The MOU is between Greenhouse and WasteCo, that’s fine. They write that they intend to contract with Primobius - maybe it is not done yet.

    They also state that the facility will be modeled on Primobius recycling process following successful completion within the September quarter 2021. NMT announced on 15th September the successful completion of stage 1, but stage 2 starts in October with expected end at end of November.
    The results of stage 2 will also have an impact on the plant model.

    So, as the model is not final yet, maybe Greenfield will wait until end of November?
 
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