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11.5¢ neometals ltd

I never did say NMT has a PE of 60, it was a thought experiment...

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Melen100

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16/10/23

18:28

Post #: 70373214
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Originally posted by resilient: ↑

I took nothing comforting out of the crux interview.
The interviewer was struggling to spin anything positive out of the answers he received.
In my view Barrambie is dead regardless of Chris spinning the running of parallel processes. Shareholders of NMT will end up owning this is due course or it will be put on the back burner so as not to require any further cash drain on the company.
I have a particular worry about the debt and equity package promised by the end of November for the Vanadium Recovery Project. I am personally doubtful given the outlook, but I am prepared to be surprised. They are certainly due a win somewhere!
I found the reference to a PE of 60 patently absurd even if they eventually start to earn royalties from their hopeful/ expectation of plants built with projected revenues of US $50m. This revenue is at least 5 years away at a minimum.
I still expect a capital raise sometime in the next 3- 6 months
I wouldn't be surprised to see some board renewal, which is probably due, over the next 12 months
GLTAH

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I never did say NMT has a PE of 60, it was a thought experiment you Muppet, sell and leave

Last edited by Melen100: 16/10/23

NMT Price at posting: 33.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 11.5¢		Change 0.000(0.00%)		Mkt cap ! $71.62M

Open	High	Low	Value	Volume
11.5¢	12.0¢	11.0¢	$45.87K	406.6K

Buyers (Bids)

No.	Vol.	Price($)
8	172124	11.0¢

Sellers (Offers)

Price($)	Vol.	No.
11.5¢	323679	5

View Market Depth

No.	Vol.	Price($)
8	172124	0.110
15	564968	0.105
19	808979	0.100
9	709492	0.099
3	51536	0.098

Price($)	Vol.	No.
0.115	323679	5
0.120	385459	2
0.125	189348	2
0.130	129943	5
0.135	269716	8

Last trade - 16.10pm 23/05/2024 (20 minute delay)


Last 11.0¢			Change 0.000 ( 4.35 %)
Open	High		Low	Volume
11.0¢	11.5¢		11.0¢	182872
Last updated 15.59pm 23/05/2024 ?

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