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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
Comment by yukoninvestoron Oct 23, 2012 2:17pm
141 Views
Post# 20514744

RE: RE: RE: Did some more reading

RE: RE: RE: Did some more reading

I think the Shaft-Boulder-Governor veins have been known about for a long time, as is the potential for high gold grades from samples from the property. Unfortunately this appears to be the exact same exploration story that helped BCG get to the point where it is today. If I am doing the math properly, given the current share price of 2c to 2.5c, a 6-1 slashing of existing holders would only bring the share price to somewhere around 12c-15c, putting a 0.30c pp into serious jeopardy unless someone wants to pay a premium. In my opinion raising $6,000,000 with this story, and situation, at this time, is a pipe dream.

Bullboard Posts