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Bullboard - Stock Discussion Forum East Africa Metals Inc V.EAM

Alternate Symbol(s):  EFRMF

Metals & Mining Industrial Metals & Minerals
East Africa Metals Inc. is a Canada-based mineral exploration company. The Company is focused on the identification, acquisition, exploration, development and/or sale of base and precious mineral resource properties in the Federal Democratic Republic of Ethiopia (Ethiopia) and the United Republic of Tanzania (Tanzania). The Company’s mineral property interest consists of one project in Ethiopia... see more

TSXV:EAM - Post Discussion

East Africa Metals Inc > Great news for East Africa Metals!
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Post by sdhaka on Jul 30, 2024 5:44pm

Great news for East Africa Metals!

Hello folks, Great news for East Africa Metals!

 

They've attracted interest from a Hong Kong-based mining and investment company to possibly form a joint venture for the Magambazi/Handeni project in Tanzania.

 

This could be a significant step forward. Plus, their partner Tibet Huaya Mining has started acquiring the heavy equipment needed for construction at EAM's flagship projects in Ethiopia. With Tibet Huaya financing up to production and EAM retaining a 30% carried interest, things are looking quite promising.

 

How do you all see this partnership impacting EAM's future? Anyone else here closely following their progress?

 

Read the full analyst commentary here, its free: https://www.researchfrc.com/content/analyst-ideas/post/121/trump-endorses-cryptos-capital-flowing-to-small-caps

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