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7.14% 3.0¢ askari metals limited

Ann: Permitting and Exploration Update at Yarrie Lithium Project, page-13

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  1. Understatement
    548 Posts.
    lightbulb Created with Sketch. 158
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    14/11/23
    11:00
    Post #: 70886017
    Hi,

    Market conditions don't seem be ideal for a spin-off at the current time.

    Interest rates need to go down and commodity cycle need to turn up before it will be viable to complete the separation.

    The new entity would struggle to get any financing in the current environment.

    K
    AS2 Price at posting: 19.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

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