AS2 16.0% 2.1¢ askari metals limited

Well unfortunately I can't see the spodumene crystals from space...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 411 Posts.
    lightbulb Created with Sketch. 310
    Well unfortunately I can't see the spodumene crystals from space haha. But personally I believe the tonnage will be there. Concerning mineralisation though, Askari's sampling and Andrada's drilling are very compelling. However I do believe that we may see just average results from 7345. This is purely based on the <5-25m thickness of the targets. Note that when I say average results, I mean average compared to what I am expecting from 8535.

    I feel that if there were very thick intercept widths at 7345, the average holes would have not been ~50m. Worth noting that if the branching pegmatite outcrops coalesce at depth like V1/V2 then I'm wrong about thickness here (good thing). 7345 is still looking great for the second phase though, could be targeting some 40-70m wide outcrop areas.

    I think overall the more exploration and field mapping is done, the better drill targeting and therefore results we will see. I suppose soon enough we will find out what the company's definitions of "numerous" and "thick" are, it does make me excited though. Assuming the diamond drill is on site by now, it's possible we'll see some visuals of core if they are twinning the mineralised intercepts already.


    Acquisition prediction:

    My theory is that they will keep expanding to the south or southwest of Uis. This is where the long, wide outcroppings seem to lie, and where presumably spodumene becomes most favourable.

    EPL 7470:

    Owned by Uis-Chi Investments Namibia CC
    https://hotcopper.com.au/data/attachments/5164/5164700-582dbb8ea83a4576fb0f11d98be85d35.jpg
    Along strike of Uis pegmatite swarm

    - Densely packed swarm of good sized pegmatite outcroppings in black
    - B1/C1 pegmatites are highlighted green for reference
    - Two large (90m+ each) potentially pegmatitic outcroppings outlined in my previous posts, highlighted dark blue.
 
watchlist Created with Sketch. Add AS2 (ASX) to my watchlist
(20min delay)
Last
2.1¢
Change
-0.004(16.0%)
Mkt cap ! $2.160M
Open High Low Value Volume
2.3¢ 2.3¢ 2.1¢ $5.432K 240.7K

Buyers (Bids)

No. Vol. Price($)
3 36282 2.1¢
 

Sellers (Offers)

Price($) Vol. No.
2.2¢ 150000 1
View Market Depth
Last trade - 13.50pm 12/11/2024 (20 minute delay) ?
AS2 (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.