At a time when junior miners are screaming for cash, no such problem exists at the David and Chris Reed led Neometals. Last quarter the company reported cash of $31m and today they announced their Chinese partner in the Mt Marion Lithium project near Coolgardie will pay them another $38m to increase their stake in the project.
03/02/2016 - 06:38
Neometals in $38m cash bonanza from Lithium play
By Matt Birney
03/02/2016 - 06:38
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Rank Company Revenue 298th Neometals $66k 299th St George Mining $66k 301st Sultan Resources $62k 302nd Galan Lithium $61k 598 listed resources wa companies ranked by revenue.
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