NMT neometals ltd
Add to My Watchlist 5.63% ! 6.7¢

Lord, value trap DOES exist in battery recycling industry of...

  1. newB
    7,712 Posts.
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    19/01/24
    08:11
    Post #: 71955667
    Lord, value trap DOES exist in battery recycling industry of today, when Lithium/Graphite/Nickle are all cheap as chips.
    Chinese companies have led the technology and capital investment in this business but many of them already quit, simply not profitable. this is not saying the business has no future, but is a big risk in mid-near term.
    Neometals, along with some others early-stage players, could fall into victim before twilight when funding run out.Just my opinion from sideway
    NMT Price at posting: 16.5¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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6.7¢ 		Change
-0.004(5.63%) 		Mkt cap ! $51.55M
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7.1¢ 7.1¢ 6.7¢ $41.50K 600.0K

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