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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 Nov 03, 2012 1:49pm
135 Views
Post# 20558817

RE: RE: RE: RE: RE: RE: RE: Positive PR Needed Soo

RE: RE: RE: RE: RE: RE: RE: Positive PR Needed Soo

Here is how I would calculate the value of a junior company given current market conditions. The average capital pool company (clean shell) looking to complete a qualifying transaction as of todays date has a market cap of $885,000, $583,000 cash in the bank, and about 6,900,000 shares outstanding. What this tells me is that a clean shell with 6.9mill O/S should have a market cap of about $300,000 plus cash on hand. If you increase the O/S to 10mill it would drop the shell value to about $210,000. A cash position of $100,000 would increase the shell value to $310,000. Now to plug in asset values of lets say $350,000 (it should be noted that many companies with good properties are trading at cash value) and good will (each companies management and track record is different so I am using $0.00 as an average) and the value comes out to $660,000.00 or about 7c/share.

Bullboard Posts