Neo Performance Materials Inc NOPMF

where the heck is neo

[Specific]

https://investornews.com/critical-minerals-rare-earths/ara-partners-secures-335-million-financing-for-u-s-permanent-magnet-manufacturing-facility-strengthening-ev-supply-chain/

[Ciao]

What are you expecting? They already have a plant in Estonia starting up.

[throwaway11]

They estimate the first revenue for the company from that operation to be realized in 2026, and for it to more than double afterwards. I think this is a potentially good strategic stock.

[Ciao]

If the plant is to be commissioned in 2025 (depending on when in the year), then there is a possibility of commercial production next year. Am I seeing this correclty? Nonetheless, FWIW we have analysts with a target price 2X the current share price, a strategic review, and a 5% dividend yield while we wait.

[throwaway11]

From this article: "The new facility, scheduled for completion in 2025, is expected to be the first sintered magnet plant to come online outside of Asia. It will produce 2,000 tonnes per year of magnets in Phase 1, enough to supply approximately 1 to 1.5 million electric and hybrid vehicle traction motors. Phase 2 of the project is expected to see around 5,000 tonnes/year, enough for 4.5