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

NEO Battery Materials Ltd

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Comment by yukoninvestoron Nov 22, 2012 12:13am

209 Views

Post# 20630088

RE: lotsa selling

Perhaps we have gotten through to him, perhaps not. Perhaps kinross may yet participate, who knows.

If I am not mistaken the financing is priced at 16c, so maybe insiders or people close enough to participate in the financing are selling on the open market to participate in the financing. Sell on open market at 16c and get in on the financing at 16c plus get a warrant... an approach like that suggests to me the sp could perhaps drop to 14c or so.

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