NEO Battery Materials Ltd V.NBM

Alternate Symbol(s): NBMFF

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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 > Keeps chugging along

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Comment by neoscepticon Jan 12, 2024 11:40am

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RE:Keeps chugging along

I am not sure if the decision was right. The market reaction indicate to different.
I wish I sold share yesterdaay. Today is too cheap or maybe, the last chance to salvage some money.

Patents without the production will get obsolete. Plant indiicated that the company is serious about the product, now? They can sign thousand agreements, but what they planning to do with it? Lieave off grants and shareholders' money?

I do not think it is that dramatic, but "preserve capital" when EV market is growing? Not sure.
Again, company is cheap now, but only if there is development outside of grants and NDAs

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