AS2 0.00% 3.0¢ askari metals limited

Break out upwards or Downwards????, page-135

  1. 35 Posts.
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    My thoughts,
    I am expecting the drill results to be about the same as Andrada's and therefore if those grades are what we are expecting, it comes down to how much we have of it, any higher grade scores would be also be unreal, but I'm my running with the same or similar.

    in the last German interview video at around 6:40 mark Gino mentions about securing tenements alongside Afritin and consolidating further and creating a "significant mining operation between the two companies" .. ("Operation"being singular) this suggests to me that they will somehow consolidate and form some partnership to mine this, which would make so much sense as they already have a fair bit of the required process plant in place. If confirmed, would place Askari well ahead of other explorers and take years off the process.

    the fact the Gino also said in the interview that they intend to take it all the way to be a mining company and not just a developer of assets means they in for the long haul and not looking to sell out early thankfully.

    I might be wrong on a potential partnership, but once those results come out and if they are similar to Andrada's, then I believe this would be a significant operation closer to production than say Yarrie at a similar timeline. I would personally expect not to see anything below $1 ever again if all goes well.

    just my thoughts not financial advice
 
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