AS2 2.33% 4.2¢ askari metals limited

Break out upwards or Downwards????, page-9

  1. 1,914 Posts.
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    i think the odds of that happening are in our favour; our 2 tenements are adjacent to ATM's & also smack bang centre of the Uis Belt resource:

    "“This resource is turning into something quite special,” says Viljoen. “It’s one of the top five tin, lithium and tantalum resources globally. Our target resource is 200mln tonnes of ore.”

    Usually, when lithium, tin and tantalum are found together in pegmatite mineralisation, the structures are narrow and fairly short. But in Namibia, ATM’s orebody is hundreds of metres thick and goes on for hundreds of miles. That makes it both one of the largest standalone tin orebodies, and one of the largest standalone lithium orebodies anywhere in the world.

    What does that mean? Quite simply, it means that in all likelihood the company will effectively be able to mine its lithium free of charge, with all costs borne by the sales of tin."

    https://hotcopper.com.au/data/attachments/5002/5002415-ba35d7ce64588d3391dd06cd6c4642f9.jpg
    https://hotcopper.com.au/data/attachments/5002/5002409-09a6e083dd38eb860799e5f144cba322.jpg
    https://hotcopper.com.au/data/attachments/5002/5002412-ef4c729ef03c8c215eb28610eb740872.jpg

    https://hotcopper.com.au/threads/as2-industry-news.7037288/page-51?post_id=65786013
 
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