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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 > Nasdaq and NBM Korea listing
View:
Post by Zevo on May 08, 2022 9:35am

Nasdaq and NBM Korea listing

Spencer reinforced The goal is to list NBM on the Nasdaq this year. He also knows A much needed market cap is needed. NBM Korea is wholly owned by NBM, and will provide a nice benefit to shareholders when they list in Korea in time.
With their R&D lab at yonsei university, they are producing much more consistent samples. Every sample they send out is customized to the end user. The consistency of their product now is a big deal, as third party evaluators and end users can replicate the results more evenly. These results are expected soon, and have the possibility of coming with an agreement.
Spencer had high confidence in securing the phase 1 financing. Lots of news to come.

He talked about their competition, and knows there are no clear leaders in the silicon anode space, at this point. Competitors have higher costs to produce. With any product launch, it’s all about your cost to produce.  This space is a “blue ocean” and NBM is on the right path.
Comment by eldreco on May 08, 2022 2:31pm
Good post, Zevo. el d