AS2 4.76% 2.2¢ askari metals limited

Ann: Askari Appoints Leading Investment Bank as Advisor, page-30

  1. 548 Posts.
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    Hi,

    Yes. This steps only makes sense when Gino intends to ensure financing channels for:

    - Consolidating Namibia's Lithium sector (at least around Ius). Potential merger/takeover of Andrada?
    - Aggressive exploration of granted licenses
    - Planning of development of mining and potentially building processing facilities in Namibia.

    I believe that Gino is thinking very big.

    Cannaccord will make a fortune with their options at 80cents. They wouldn't have accepted the option price if they have any doubts that the share price wouldn't reach a multiple of that price in my opinion.

    Happy Tuesday.

    More updates to come this week I believe.

    K
 
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