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Namibia Critical Metals Inc NMREF


Primary Symbol: V.NMI

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 theCurseon Jan 06, 2023 11:45am
268 Views
Post# 35207013

RE:RE:RE:RE:RE:RE:News release.....

RE:RE:RE:RE:RE:RE:News release.....
I usually strongly dislike allegations of "manipulation" that retail investors whine about.

Apart from the JOGMEC (related somehow to the Japanese government), Bannerman Energy owns a boat load of shares (~80M).  Is this bizarre company still getting funding based on "average weighted share price" from someone - it was for quite a while.  It would *shock* me if that was not the case.  This moves and inch anywhere *above* 0.15 and a bunch of shares come out.

On January 27, 2020 the Company announced that it had signed an agreement with JOGMEC to jointly explore, develop, exploit, refine and/or distribute mineral products from Lofdal. The agreement provides JOGMEC with the right to earn a 50% interest in the project by funding $20,000,000 in exploration anddevelopment expenditures

But as usual, i sit here alone, watching this unscrupulous company sit here with no interest from anyone (too much JV ownership and bannerman heavy fingers???).  So easy to keep wherever one might want to keep it.  The average daily volume value is basically nothing.

Still has the stink of Etruscan on it - can't wash that stink off it.

fm

tC

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