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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 TheSargeon Jul 24, 2024 7:11pm
145 Views
Post# 36147104

RE:Selling low

RE:Selling lowI understand the need for positive vibes, I get it. But if you've read their financial statements, at least what has been presented to us, then you should be fearful.. they are hemorrhaging themselves into insolvency. No way to sugarcoat it. Big money needs to step in for any chance of NEO moving forward.  Maybe they are sitting on a big secret, who knows, but time and money is dissipating.
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