Lithium train certainly taking off.. Anyone here following NMT...

Lithium train certainly taking off.. Anyone here following NMT Neometals ?

Given the Chairman has recently converted his convertible notes, my bet is a capital return/special dividend perhaps coming our way soon imo to be revealed when they receive their $38M payment from Ganfeng in the bank in a week or so from now (finger's crossed).

By then, company will have $60M in the bank, heading into lithium production by around mid 2016 (NPV-based valuation: A$0.29ps on $40M ev)

Weekly chart breakout confirmed today in closing @ 18.5c! (should follow GXY, PLS price action etc. imo)

Stochastic Oscillator
%K(14,3): +70.9 %D(3): +63.1

RSI (14) : +63.7


Please dyor as always

Cheers tela