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2.56% 3.8¢ askari metals limited

Ann: Huayou Cobalt to make Strategic Investment in Askari Metals, page-5

  1. cocoman
    13,528 Posts.
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    22/03/23
    09:44
    Post #: 66892895
    Sort of….
    Only Hoayou paid a premium….
    And all got 1 for 3 option worth 25 cents plus as a sweetner.
    Still for Micro cap lithium play in Africa, given how the market has been…. I’d say it a very good result!
    Huayou are looking for a seat on the board, and have mining expertise.
    One day they will buy this for several hundred million.
    AS2 Price at posting: 50.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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