RE:Interesting read..Re Hash..
Bringing to attention how much money Japan Oil, Gas and Metals National Corp. (Jogmec).is going to spend on the project..
Not saying to buy or sell?
I am in at a higher average price then todays..
The International Speculator, in its Feb. 24, 2020, edition, refreshes its buy of Namibia Critical Metals Inc. (recently 17 cents), officially, Buy up to 27 cents. The newsletter said buy four times between April, 2018, and December, 2019, at prices ranging from 13 cents to 23 cents. Assuming an investment of $1,000 for each of the four buys, the $4,000 holding is worth $3,789. The writer says that last month, Namibia Critical announced a financing with Japanese government agency Japan Oil, Gas and Metals National Corp. (Jogmec). Under the agreement,
*** Jogmec will spend up to $25-million to explore and develop Namibia Critical's Lofdal deposit of rare earth metals in Namibia.***
In a follow-up press release on Feb. 11, Namibia Critical revealed it is getting right to work with its new partner.
*** Over the next 12 months, the Lofdal rare earths project will see over 9,000 metres of drilling, as well as advanced metallurgical testwork ***
which, the company hopes, will double the resource base. The writer calls this "great news." He notes that Japan is one of the world's largest consumers of rare earth metals, adding that it sees the shortage coming and is moving to secure new mines.