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Bullboard - Stock Discussion Forum Neo Performance Materials Inc T.NEO

Alternate Symbol(s):  NOPMF

Chemicals Specialty Chemicals
Neo Performance Materials Inc. is a Canada-based company, which is engaged in the green energy transition by manufacturing the building blocks of many technologies that enhance sustainability. The Company's segments include Magnequench, Chemicals and Oxides (C&O), Rare Metals and Corporate. The Magnequench segment manufactures bonded neodymium-iron-boron (NdFeB or neo) powders and bonded... see more

TSX:NEO - Post Discussion

Neo Performance Materials Inc > $30,000,000 USD
View:
Post by Possibleidiot01 on Aug 20, 2024 6:50am

$30,000,000 USD

For a recently closed part of the company seems like a positive outcome  :)

Comment by Ciao on Aug 20, 2024 7:40am
Great asset sale, it's akin to getting a 10 bagger selling garage sale items. Executing on their strategy to move away from the recovery of rare earths and also making the company more attractive for shareholders and potential suitors.
Comment by Ciao on Aug 20, 2024 3:55pm
That works out to $1 CDN cash / share of realized value on this non-core asset. What else is there up for sale?
Comment by Ciao on Aug 22, 2024 3:12pm
Would they consider selling their recycling facility in Peterborough, Ontario? They are l/ were ooking for a business development manager there. https://www.neomaterials.com/wp-content/uploads/2024/04/Neo-Materials-BD-Manager-of-High-Purity-Materials-Recycling-April-2024.pdf
Neo Performance Materials Inc
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