AS2 2.13% 4.8¢ askari metals limited

Hello ma420,The reason why management refers to the exploration...

  1. 548 Posts.
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    Hello ma420,

    The reason why management refers to the exploration licences in Namibia as a company maker is because rock chip samples (on surface!!!) show up to 3.2%.

    https://hotcopper.com.au/data/attachments/4970/4970371-fbe6c51850c2a8f9d8972a15db61f8c6.jpg

    The prospective area with spodumene is not just hundreds of metres it is actually about 8km times 5km.
    https://hotcopper.com.au/data/attachments/4970/4970377-b539664b9b5ac40b0aef2068c032121e.jpg

    The red bar symbolises the length of 2km. If the information so far proofs to be confirmed by drill results the extent of resources on the Namibian exploration licences will have global significance.

    The best thing is that the existing infrastructure will allow a relative fast development at low cost.

    This is why Gino makes statements like:

    The significant expansion of the Uis Lithium Project underpins the transformational change that is
    underway for the Company...

    As a Company we left the site visit elated with excitement.

    I expect the first announcements for 2023 will be made within the next 2 weeks.

    I cannot express how excited I am.

    Fasten the seat belt.wink.png

    K


 
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