NMT 2.27% 8.6¢ neometals ltd

I too was at the meeting - the impression I got re the buyback...

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    I too was at the meeting - the impression I got re the buyback was that there are matters the board is aware of that it still needs to advise the market of and until this happens the buyback can't commence. Agree that the sentiment was it was imminent.

    Note also that the ELI tech is compatible with the conventional LiOH processing. Chris's view was there was now no need for them to take first mover risk or the delay associated with developing the ELI tech to commercialisation with the current price of circa $15k/t. That notwithstanding, they still intend to move to pilot project level and then see where that takes us.

    Barrambie info was more amorphous and there are still a number of hoops to jump through before any concrete gets poured. An announcement of a preferred JV partner could be on the cards...

    Also got the standard goal for a fourfold increase in the SP by this time next year (same as HNR today).

    Stewie
 
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