Neometals deal with Ganfeng “fundamentally misunderstood” – Chris Ecclestone

Neometals’ {ASX: NMT} deal with Chinese lithium giant Ganfeng has been fundamentally misunderstood according to mining analyst Chris Ecclestone.

Ecclestone opines that 14% of a producing and profitable mine is better than a larger percentage of a cash strapped development project going nowhere, and rightly so in my opinion.

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Ecclestone on Neometals “superb” deal-making with the Chinese