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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canada-based battery materials technology company. The Company is focused on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, it enables longer-running and ultra-fasting charging batteries compared to existing technologies. The Company is focusing on developing silicon anode materials, NBMSiDE, through nanocoating layers. Its three types of products, NBMSiDE-P100, NBMSiDE-P200, and NBMSiDE-C100 are manufactured through its nanocoating technology and are based on metallurgical-grade silicon with purities of at least 99.95%. It has developed a transformative and one-step nanocoating process to manufacture silicon anodes. Its material provides improvements in capacity and efficiency over lithium-ion batteries using graphite in their anode materials.


TSXV:NBM - Post by User

Bullboard Posts
Comment by andrewsudson May 28, 2011 1:52pm
448 Views
Post# 18639542

RE: RE: RE: share structure

RE: RE: RE: share structuremy DD led me to the same conclusion.  Only thing is... that was about a year ago. Im a patient investor and I bought a few more shares after MF finally left anticipating a nice bounce...but Im getting some deja vu from July and August of last year when we waited and waited for news on Engineer drilling only to have a PP dumped on us.
This time we're waiting and waiting to hear something about a property not called Engineer.  Dont get me wrong.  I'm pumped for the 1500m of drilling and the bulk sampling.  Small scale mining at engineer by the end of the summer would send BCG through the roof.
But I expect, and demand, that we get some value from our other properties.  So what's the holdup here? If the snowden report says we need 10 million plus to do the necessary work at engineer it doesn't seem unreasonable to me that a substantial portion of that could come from optioning or even selling our other properties instead of further dilution or (heeaven forbid) a share consolidation preceeding an offering.
Any thoughts on what the deal is?  i dont think this is urgent, but if the next release is about work at engineer starting up instead of minto/carmacks etc. that would sound warning bells for me..
thanks again Retiring and Beamin, you guys keep this board going.
suds
Bullboard Posts