NMT 5.00% 10.5¢ neometals ltd

no point, cheaper to buy the chemicals at spot price currently....

  1. 356 Posts.
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    no point, cheaper to buy the chemicals at spot price currently. Primobius aren’t looking at selling atm due to plant size etc but in the future they will once it’s at nameplate , especially getting royalties in 26 from the ever elusive Stelco JV if it doesn’t get that pushed back it becomes nothing.
    Cheap spot price brings it down just like say a explorer for lithium or developer will drop like a sack of turds when the lithium spot drops, I guess our saving grace atm is that in Europe I think it’s mandatory to have 9% recycled materials in future batteries but not 100% on that.
    Another bonus when the battery “passport” comes in it will show it came from recycled material in Europe so somewhere along the line it could be eligible for incentives etc.
    Last edited by UtopianSX: 18/01/24
 
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