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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

Comment by eldrecoon Mar 15, 2022 3:50pm
145 Views
Post# 34516263

RE:RE:RE:Can anyone comment?

RE:RE:RE:Can anyone comment?Thanks EndDay,

In mining, you have a Junior Explorer...who has gone through all the pain and finally decides to bite the bullet and become their own mine (like 1 in a 1000 odds)...a remarkable achievement.  After all the excitement...the stock drops!  (Look up the Lassonde Curve).  Of course, there are hundreds of millions of dollars that they have to come up with somehow to do this...but still!  Maybe it is the transition from those interested in exploring per se...but not necessarily in the actual mining (so weird).  It's kind of like you have to grow a new audience.

Stepping back for a minute, I see the similarities with what NBM is currently going through.  I found it interesting that the chatter on the board was immediately about how much it was going to cost to build the little factory...not about the great deal on the land (in a tax-free zone on a 50 year lease!) and the acquiisiition of the rights to an adjacent property for expansion...or that the site itself is equidistant from two of the largest battery-makers in the world!  No, it was about the cost (of a building not yet even designed!).  I roared with amusement...what an idiotic thing to gripe about (even before they got started!).  They should check out what it costs miners to get it out of the ground and process it!

You say that you have a Chem background (which I don't...just an awful lot of reading to get vaguely up to speed).  It would be great to hear more from you!
el d

enddaytrador wrote: Thanks for the reply, I am not a basher, just someone that knows chem and have put a fair amount into this stock.  This is a good company, they have a solid research team with many years of experience.  After watching most stocks go into the negative, I thought this was holding its own, but with current events, who knows what will happen.  Again, thanks for the reply, Its good to know that there are some people out there that are honest.  Take care and I will try to post more often.
Cheers
D.


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