Namibia Critical Metals Inc V.NMI

Alternate Symbol(s): NMREF

Metals & Mining Industrial Metals & Minerals

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).

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Namibia Critical Metals Inc > Namibia CM - buyout target?

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Post by 123buyholdhopeon Aug 23, 2021 10:22am

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Post# 33748036

Namibia CM - buyout target?

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