Neometals’ FY24E interim results show the significant progress the company has made in reducing costs, focusing on a capital light business and targeting profitability without further capital raising. The strategy for 2024 is to complete the installation and commissioning of the Mercedes-Benz Plant in Germany, complete the ELi Pilot and license Vanadium recovery to third parties, and rationalise the non-core resource projects Barrambie and Spargos. We continue to see the current share price as d ....
19 Mar 2024
Neometals - Focussed on self sufficiency
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Neometals - Focussed on self sufficiency
Neometals Ltd (NMT:LON) | 6.0 0 9.1% | Mkt Cap: 37.4m
- Published:
19 Mar 2024 -
Author:
John-Marc Bunce | Will Dymott -
Pages:
10
Neometals’ FY24E interim results show the significant progress the company has made in reducing costs, focusing on a capital light business and targeting profitability without further capital raising. The strategy for 2024 is to complete the installation and commissioning of the Mercedes-Benz Plant in Germany, complete the ELi Pilot and license Vanadium recovery to third parties, and rationalise the non-core resource projects Barrambie and Spargos. We continue to see the current share price as d ....