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
Related Data & Insights
-
-
Rank Company Revenue th Caspin Resources $315k 298th Neometals $66k 331st Kalium Lakes $30k 333rd Red Hill Minerals $30k 334th RTG Mining $28k 599 listed resources wa companies ranked by revenue.
Powered by Morningstar ®
Data & Insights
Mentioned Organisations
Mentioned People
Related Articles
31 May 2024
Appointments May 31, 2024
29 May 2024
Neometals appoints new COO
16 May 2024
Neometals tickled “pink” by US trading elevation
Subscribe today for award-winning, unbiased and trusted journalism
Subscription OptionsX