Neometals (NMT) Q2 2025 TU earnings summary

Executive summary

• Cash balance at A$10.7M with no debt; A$7.1M raised via placement and entitlement issue at A$0.09 per share.

• Focus on commercialising sustainable processing solutions for battery recycling, lithium chemicals, and vanadium recovery.

• Ongoing divestment process for Barrambie titanium and vanadium resources; maiden gold exploration program set for March Q 2025.

Financial highlights

• Cash and term deposits totaled A$10.7M as of 31 December 2024, including A$0.3M in restricted deposits.

• Investments valued at A$9.2M and net receivables at A$1.5M.

• No outstanding debt reported.

• Related party payments for the quarter were A$321,594.

Capital allocation and financing

• A$4M raised via placement and A$3.1M from entitlement issue during the quarter.

• 769,425,084 shares on issue as of 31 December 2024.

• Significant holdings in Redivium Ltd (~26%) and Critical Metals Ltd (~18%).