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Mining

Neometals on-market buy-back passes $1 million mark

Neometals is in discussions for its interest in Mt Marion.

Neometals (ASX:NMT) continues to buy-back large blocks of its own shares, and yesterday snapped up another 574,000 for circa $183,000.

The company has previously purchased 2.6 million shares for $820,000.

That brings to total purchased to circa 3.1 million for $1,006,000.

The maximum that can be bought back is 28.15 million.

Earlier in the week Neometals outlined that it is in discussions with interested third parties for the sale of the company's interest in the Mt Marion Lithium Project.

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