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Namibia Critical Metals Inc V.NMI

Alternate Symbol(s):  NMREF

Metals & Mining Industrial Metals & Minerals
Namibia Critical Metals Inc. is engaged in the business of exploring and developing a diversified portfolio of metals properties in Namibia. The Company holds a portfolio of five projects comprising seven exclusive prospecting licenses (EPLs), one mineral deposit retention license (MDRL) and one mining license (ML) with a total surface area of over 3,000 square kilometers. Its projects include Lofdal Heavy Rare Earths, Epembe Tantalum-Niobium, Otjiwarongo Rare Earths and Gold and Erongo gold project. The Lofdal Heavy Rare Earths Project comprises a prospecting license (EPL 3400) located approximately 450 kilometers (km) northwest of the capital city of Windhoek and 25 km northwest of the town of Khorixas in the Kunene Region of north-western Namibia. The Epembe Tantalum-Niobium Project is an exploration project with a multiphase carbonatite dyke that has been mapped and sampled at surface over a strike length of 10 km, of which at least 7 km of strike length is mineralized.


TSXV:NMI - Post by User

Namibia Critical Metals Inc
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  • theCurseX
Comment by theCurseon Jan 06, 2023 11:45am
151 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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