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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

Post by Coenobitaon Feb 19, 2024 8:12am
270 Views
Post# 35887355

Two plus years of testing

Two plus years of testing Testing has been going on for two plus years now with, I would think, several NDAs. They mentioned in the "Five Pillars" that testing should be completed in the near term for some downstream NDAs. Let's hope a deal happens before the end of the quarter, and lifting the stock price up well above $1. There has been several days of high volume with some big buy-ins, and the days with low volume haven't run the price down. The weekly graph looks like it's ready for a strong push upwards.
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