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Namibia Critical Metals Inc V.NMI

Alternate Symbol(s):  NMREF

Namibia Critical Metals Inc. is a Canada-based company primarily focused on developing the Tier-1 rare earth project, Lofdal, a deposit of the heavy rare earth metals, such as dysprosium and terbium. The Company owns a 95% interest in the Lofdal Project, which is fully permitted with a 25-year mining license and is under a Joint Venture agreement with Japan Organization for Metals and Energy Security (JOGMEC).


TSXV:NMI - Post by User

Bullboard Posts
Comment by Rawcolton Mar 09, 2016 2:58pm
81 Views
Post# 24640150

RE:RE:RE:RE:NMI discussed on BNN

RE:RE:RE:RE:NMI discussed on BNNHave to do more homework on EDV. Looks like things are in fact looking up. I don't have the latest financials, so how did the cash grow to 300 million from 35 million at Q3 year end?  Did they issue more shares or did they really bring in about 260 million in cash from operations in the quarter?
I don't understand how the cash jumped so much over 3 months?
Bullboard Posts