Materials

Askari Metals expands further into lithium with a new acquisition in Africa

Thu 03 Nov 22, 2:27pm (AEST)

HIGHLIGHTS

  • After listing in July 2021 with copper and gold assets, Askari has now acquired various lithium projects.
  • Earlier this year, Morgan Stanley forecast a looming lithium surplus which could see prices lower.
  • D’Anna expects lithium spodumene prices to cool 20-25% in the coming years, yet sees margins remaining strong.

0:16 - Can you describe Askari Metals?

0:49 - What sets Askari Metals apart?

1:25 - How did Askari land on Zheijang Kanglongda’s radar?

1:57 - The company has also acquired a lithium project in Africa. Why?

2:43 - Where do you see lithium prices going in the years ahead?

3:32 - What will the next drill stage look like at the Burracoppin gold project?

4:18 - What’s next for your copper-cobalt Callawa project?

5:03 - Which development are you most excited about in 2023?

5:48 - Where do you see the company in the second half of 2023?

6:31 - Where do you see the company in 2025?

DISCLAIMER: Market Index helps small-cap ASX listed companies connect with Australian investors through clear and concise articles on key developments. Askari Metals Ltd was a client at the time of publishing. All coverage contains factual information only and should not be interpreted as an opinion or financial advice. Consider consulting a qualified financial adviser before making an investment decision.

Created By

Company Insights

Thu 03 Nov 22, 2:27pm (AEST)

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