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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

Comment by 123buyholdhopeon Oct 07, 2021 8:04pm
153 Views
Post# 33986876

RE:Good news......

RE:Good news......The good news on Namibia keeps building. The sp has not been the roller coaster that many other REE companies have enjoyed/endured this past year. Nor, do the Forums demonstrate strong reader interest in this JOGMEC target. In other words more a sleeper. Two major shareholders appear to control its sell out destiny.

NCM appears the only Japnese HREE project at the moment unless you believe they are going to mine miles off an island coast line at 20,000 feet below? While Lynas LREE supplies Japan the company's HREE is presently processed in China, but in all likelihood this will go to Texas if Lynas builds out a US processor. Japan needs a HREE resource (and potentially processor as well) and NCM appears to be that potential entity.

GLTA -    https://twitter.com/EarthsRare

 
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