EVENTS COVERAGE

Neometals defends lithium plant cost

NEOMETALS got a bit beaten up by the market a few weeks back with release of a feasibility study for its planned downstream lithium processing project, though as MD Chris Reed described it, it was a Mercedes versus Hyundai scenario.

Michael Quinn
Neometals defends lithium plant cost

For while investors weren't overly impressed with the project's IRR falling from the 94% estimated in the pre-feasibility to 51% in the feasibility - and while they ignored the NPV of the proposed lithium...

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