NMT

4.55%

10.5¢ neometals ltd

Hi Treefern,i think you have forgot something, Nmt is probably...

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Learner72

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28/04/21

14:31

Post #: 52784087
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Originally posted by Treefern: ↑

You had a similar enquiry over on MCA about its rising share price despite it being clear from your posts that you hadn't done any research at all into the company or its actual product.

In brief, we have $70m+$10m in cash and investments, a world-class, long life high grade Titanium project, a burgeoning multi-resource project at Mt Edwards, a Li cell recycling project only weeks from opening the demo plant, a well-progressed vanadium project in Scandinavia and a slow-burning MOU to build an LiOH refinery in India. We also have a management team that are a rarity in actually having taken a project from back of napkin to a world-class producing mine with multi-billion dollar partners, returning a significant chunk of that to holders via dividends and buy-backs, fully funding internal expenses for nearly a decade and having a warchest going forward so we don't have to dilute ownership as heavily this time round with buy-in partners.

Your posts across at the other company and here suggest you think this company's MC should be $70m because that's what we have in the bank and have no revenue stream at the moment. If not, then you do believe that our projects and assets have value and we are only quibbling about the exact dollar figure.

Nowhere, though, have you indicated a belief in pegging the MC increase of a company along a linear path to value-at-point-of-revenue. This is probably where your perspective differs from those who are buying into NMT at 55c today despite having no revenue other than the bank interest being accrued on our $70m.

While it might seem obvious, NMT's SP is an expression of expectation of revenue into the future as a function of the decaying value of time as well as the likelihood of a revenue stream being realised. As time runs down the SP will increase until we get to a fair dinkum SP based on an actual stable revenue stream. Complicating the formula is that we have many overlapping decaying time variables across our different projects.

If you want to wait until the MC of NMT is justifiable on the basis of current revenue you will be waiting an awfully long time and will probably be paying several dollars per share for the privilege, but at least you will have almost completely derisked your investment.

I guess, then, the answer to your question is that Neometals has a credible path to project completion in a credible market, being run by credible people with credible track records, and thanks to the early-bird nature of us current investors we get a huge time-value-based discount to take a punt on this combination being a winning one. Ergo, we are currently worth $308m.

All IMHO, and D research.

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Hi Treefern,

i think you have forgot something, Nmt is probably the one of the only Asx resource stocks with a safe Margin and still prices accordingly imo priced still at half price. Nmt is going to be a bill mc soon enough imo. The incoming revenue shortly will be to much for it not to hit near a 1$ Thats my honest opinion oh an probably the safest resource stock to have apart from the majors that is.

NMT Price at posting: 54.0¢ Sentiment: Buy Disclosure: Held
16 Upvote

0 Great analysis

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(20min delay)
Last 10.5¢		Change -0.005(4.55%)		Mkt cap ! $65.39M

Open	High	Low	Value	Volume
10.5¢	11.0¢	10.0¢	$50.95K	480.1K

Buyers (Bids)

No.	Vol.	Price($)
6	266340	10.5¢

Sellers (Offers)

Price($)	Vol.	No.
11.0¢	270030	8

View Market Depth

No.	Vol.	Price($)
6	266340	0.105
17	810510	0.100
4	55069	0.099
6	101132	0.098
4	259221	0.096

Price($)	Vol.	No.
0.110	270030	8
0.115	21111	2
0.120	393721	10
0.125	18634	5
0.130	57875	3

Last trade - 16.10pm 03/05/2024 (20 minute delay)


Last 10.5¢		Change -0.005 ( 4.55 %)
Open	High	Low	Volume
10.3¢	10.5¢	10.3¢	107401
Last updated 15.59pm 03/05/2024 ?

NMT (ASX) Chart

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