Namibia Critical Metals Inc V.NMI

Namibia CM - buyout target?

[123buyholdhope]

A speculation derived from another Forum's posting.

Will Japan make a buyout bid for NCM and spinoff the gold projects?

This would give Japan control of their primary new HREE focus. Is it possible the Chinese who are in search presently of gold and crtical metals projects in Africa will go after NCM before JOGMEC can increase its REE holding?

Such a move would be a strategic coupe for China and a clear blow to Japanese new energy aims.

Investors should watch this picture closely as a bidding war between basically two nations would be very interesting. DYODD 

Japan aims to prevent rare-earth technology drain

 
https://www3.nhk.or.jp/nhkworld/en/news/20210823_12/

GLTA - https://twitter.com/EarthsRare

[theCurse]

As I mentioned on another board, this outfit reminds me of the Black Knight (Monty Python).  It's lingered around now (ffs) forever but can't do anything impressive nor can it die.  "a riddle, wrapped in a mystery, inside an enigma, ... or just a POS.  I thought for sure the little guy from EET would have one last pump left in him but he even he fled the ship.  a

[Ebenizer3]

so getting a 25 yr license and a jv with the Japanese, doesn't that count as progress? hopefully will be hearing some kind of plans soon. The Japanese could fund the whole lofdal project.

[123buyholdhope]

Or, so could the Chinese! Now wouldn't that make for a interesting bidding war? Basically, two countries that want that HREE (and gold in the Chinese case). Look at the recent HREE import figures for Chinese imports of Myanmar HREE; down 90% due to Covid. This is JOGMEC's big problem. How do they fend off any hostile bid for Namibia, which based on current Japanese REE sector moves