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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 JonnyJon Mar 05, 2013 4:52pm
149 Views
Post# 21082398

RE: jonnyj

RE: jonnyj

Solid Holding definitely got the better of the deal here as far as I am concerned, BCG did all the testing, core samples, dewatering, years and years of expense to prove the mine was viable again only to hand they keys over to another company.

It shows BCG was over their head when it went from exploration to opening the mine for production and I think the same will happen with their other properties, they can find the gold but won't have the ability to take it to the next level.

They would have been farther ahead to just sell the mine to Solid Holdings, make some money and focus on their other properties or at the very least taken an initial up  front payment and a bigger cut not just give it away like that.

 

 

Bullboard Posts