03/02/2016 - 06:38

Neometals in $38m cash bonanza from Lithium play

03/02/2016 - 06:38

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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.

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