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Bullboard - Stock Discussion Forum 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... see more

TSXV:NBM - Post Discussion

NEO Battery Materials Ltd > reason for halt
View:
Post by eldreco on Apr 13, 2022 9:15pm

reason for halt

This will clear several issues:

https://finance.yahoo.com/news/neo-battery-materials-announces-proposed-001000962.html

GLTA
el d
Comment by 13X2413 on Apr 13, 2022 9:40pm
I can't see the latest run up being in anticipation of this news.  Has to be more brewing. 
Comment by eldreco on Apr 13, 2022 10:05pm
One can try to connect the dots...or one could simply hope that these guys are two steps ahead of us. Your choice. el d
Comment by lscfa on Apr 13, 2022 11:31pm
The run up in stock price is positioning by underwriters to do a financing. Retail investors got played again.    "As previously announced, the Company is pursuing strategic investments by companies in the lithium-ion battery supply chain for the concurrent financing for the Change of Business. Proceeds from such financing are expected to satisfy the Tier 2 Initial Listing ...more  
Comment by lscfa on Apr 13, 2022 11:27pm
Mgmt will finally be forced to disclose the capex costs of the damn plant...... "The Company will be providing a comprehensive information circular in regards to the Change of Business for the shareholder meeting at which the Company will be seeking shareholder approval."
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