NMT 12.0% 11.0¢ neometals ltd

General Neometals related news, page-3316

  1. 1,270 Posts.
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    Hi Bavarian, in past NMT have paid great dividends and also spun out Mt Edwards as Widgie, in future once battery recycling plants are up and running either fully funded part funded, JV’s or licence agreements we should have great income flow and I’d expect dividends to re start.
    We also have the vanadium from slag and again these plants should be income generating.
    Then there’s Barrambie spin off or offtake with DSO income generating potential, the Eli process and our stake in Hannans and any other things I might have forgotten.
    Long term I see plenty potential for dividend payments and share price growth, but for now we need news on MB getting gov grant and sign up, which I’m confident will happen as we’ve long lead plant items on order and hitting all recovery targets set by EU on recycling.
    We may also see new contracts with other car companies or battery producers it just needs time and getting the first of many MB plants up and running will certainly help.
    If you can afford to go long I’d like to think this will come very good indeed, but for now we need things to fall into place and contracts to harden up, I’d like to see MB signed and progress on Barambie, news on both is due this year, current share price disappointing considering past highs but plenty upside from here, we have fantastic JV partners, just my thoughts on NMT longer term potential all going well, n not investment advice DYOR, best, Loop.
 
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