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NEO Battery Materials Ltd V.NBM

Alternate Symbol(s):  NBMFF

NEO Battery Materials Ltd. is a Canadian battery materials technology company. It 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-fast charging batteries compared to existing technologies. It is a producer of silicon anode materials for the electric vehicle and energy storage industries. It is developing and optimizing its silicon anode materials, NBMSiDE, through its all-in-one manufacturing process. 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 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
Post by buyingitupon Aug 24, 2010 4:52pm
209 Views
Post# 17379495

Kinross

KinrossLooks like according to the fact sheet just updated today, Kinross dropped it's holding to 11%. They didn't sell anything, but they didn't buy in to the PP which is not good news. Of course it's likely because they are dealing with a declining SP of their own and the Red Back Mining stuff. It's certainly not a positive step in the right decision either way.

With that being said, I contacted BCG and they advised me they only did FT. They are not doing non-FT as there wasn't much interest, so it's over folks. The only thing we can hope for is great results on the ever growing delay of Engineer results. Goldbard has yet to announce their drilling plans which should have started last week on Pepper and of course there's Toe which we probably won't hear much about until late September.

All in all, this is a great buying opp, but for me, I have invested all I will be. Just a hold for me now. Losing some confidence in this play, but we'll see if they can boost it on some results and progression.
Bullboard Posts