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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 dogwagon Nov 14, 2016 5:00pm
150 Views
Post# 25459282

RE:RE:NMI price

RE:RE:NMI price
The closer it gets to the merger date of Nov. 30.The spread between KLG and NMI will get closed. Currently with NMI trading at $3.49 it is a great discount to the ratio of 2.1053 shares of NMI to one share of KLG. With KLG closing at $8.49 cents today NMI ,s value should be $4.03 cents to equal the ratio of the merger of 2.1053.It must catch .54 cents as of todays close.
Bullboard Posts