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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 24, 2012 2:03pm
173 Views
Post# 20639801

RE: RE: RE: RE: Gold/Equities

RE: RE: RE: RE: Gold/Equities

I suppose that by this time next year we will know whether or not the financing approach was an achievable plan and assuming a financing can be found whether the mine was an economic success.

From the big money perspective, it would be easy to finance an expansion for operators who are showing consistent production with rudimentary methods. Also, from the big money perspective it will be hard to overlook the sporadic and small-scale production that seems to dominate the history of this project (apart from a few glory years).

I also wonder why, if this thing is supposedly so obviously economic, BCG is after the big money in the first place. Do away with the frills and stuff and get at it. Do a small financing to raise funds to get going, start generating some cash flow, and use that cash flow to do upgrades and purchases. Or did they already kind of try that and find out it isn't nearly as easy as it sounds?

Bullboard Posts