For those not aware of the case and claim - here it is below, as...

For those not aware of the case and claim - here it is
below, as announced by Neometals in 2020.


Personally, I do not attribute the recent drop in the share price entirely to this issue of a pending claim.
For full transparency and di
sclosure, I am and have been a holder since 2018.
No one knows how water tight a case may or may not be until the matter goes before the courts. Until then, it's all jockeying and gamesmanship or if you like salesmanship. How adapt at selling (the law firm is to the client), the probability of winning the case.
Never the less, I agree that it's a pain in the ass we could do without. Moving forward, the company business model and the tasks involved in achieving it's many milestones are huge,
(see the Feb interview with Chris Reed). No denying, more funding will be required, the company may put the hat out to share holders, it may raise these funds institutionally, that has not been decided yet.
Customer goal posts and milestones constantly change and evolve. (Requirements to meet certain standards and levels of purity in the recycling process).
Interest rate hikes and the cost increase to the multiple projects is concerning.

Chris mentioned in the interview that Mercedes was not ready to ink a deal, "What can I do, I can't force them."
Like most of you, I've been disappointed with the lack of news flow and would have liked more engagement from the company but I accept and prefer that the market is informed when there is worthwhile information to communicate rather than just contact for contact sake.

Across the board, it's fair to say that the whole Lithium sector is experiencing a roller coaster ride.

Make no mistake, NMT will face many headwinds and the road ahead will be bumpy. Investors will need a good stomach to ride out the construction, development and many tests and trials (hopefully not court ones).

If I have to endure the short term share price pain to be part of
a potentially mammoth company...I'm strapped in.

As a standard disclaimer, no investment advice is given here.

Best wishes to all.