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2.8¢ askari metals limited

News: AS2 Namibia bans export of unprocessed critical minerals, page-10

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InItEarly

3,200 Posts.

1038

09/06/23

10:06

Post #: 68211391
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Originally posted by Supahfly: ↑

Fair enough by Namibia, unlike Australia they want to extract the most out of their natural resources. Given the potentially lower (compared to australia) costs to construct and operate the plant it isn’t a huge deal? AS2 probably were planning on producing a concentrate anyway.

From a recent interview Gino seems to have conversations with the Namibian government and so probably wasn’t taken unaware by the announcement. It would be good if AS2 put out a statement in relation to this however.

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I just don't see much upside in DSO - it was viable and appealing when lithium prices were sky high.

Is anyone planning to do DSO anymore? Maybe the Chinese can hack and slash to make it work, as they will get value from downstream back in China.

Everything I have looked at recently either has a concentrator, or as plans to construct one.

I don't see how this announcement affects AS2 negatively at all.

Last edited by InItEarly: 09/06/23

AS2 Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
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