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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 May 20, 2022 12:33pm
144 Views
Post# 34698656

RE:News???......

RE:News???......A confusing move? - What does BE bring to NCM - experience in unranium projects?- feasilbity studies completions? - pilot plant intiation? But no major private or strategic financing to get up and running after 15 + years in NCM, plus no direct RE experience?

Exactly how does BE compare to the knowldege that JOGMEC already brings to Lofdal's HRE?

Does this conjure up memories of Appians' recent stake in Peak Res' with their quick sale to Shenghe and all the issues this has now raised for Peak management? Does this new 'extra' major shareholder in NCM now make a buyout bid easier? 

Again, why would JOGMEC entertain this move apparently? Do they not really have much faith in Lofdal's value, or will they now move to control Lofdal and even spin off the project?

Again confusing move rasing several issues.

GLTA -  https://twitter.com/EarthsRare
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