NMT
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2.67% 7.3¢ neometals ltd

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  1. Loophole1
    1,275 Posts.
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    11/11/18
    05:08
    Post #: 36460658
    Yes indeed the $130 billion in ground value includes titanium/vanadium/iron deposit I’m not forgetting the vanadium. 


     Our battery recycling plant or plants won’t be up and running by mid 2019 but certainly any lift in cobalt values prior to them coming on stream can only be a good thing. Modern batteries are however seeking to design out the amount of copalt used due to its high cost, not sure the impact this reduction might have on future cobalt prices, it might lessen the effect of any supply shortage, Loop.


    NMT Price at posting: 25.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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7.3¢ 		Change
-0.002(2.67%) 		Mkt cap ! $45.49M
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