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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

Post by marketsenseon Sep 08, 2021 8:54pm
255 Views
Post# 33829256

Comment

CommentNot really a criticsm but more of an observation.  All the announcements are really
fine but more lightweight in nature,  They are the necessary things that any startup needs but it isn't enough or the kind of thing required to move the dial in a big
way.   Announcements that are a direct link to revenue and cash flow are.  NDA's
MOU's and expressions of interest are not revenue based contracts.  That is still
a ways off.    

That said,  for a start up,  mgmt is putting the bricks in place one by one.   They 
seem to have a plan and are executing it rather efficiently.  I still like them but 
you can only expect so much at this stage.  I am looking foward with anticpation
to the next stage but in the meantime,  patience is required.   Their tech looks 
impressive and the more they can win over the big players something big is bound
to happen.  When is just hard to say but so far they haven't made a bad move.
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