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0 0 0.021097046413502 0.0213080168776371 0.116033755274262 0.109493670886076 0.10337552742616 -0.0375949367088606
Stock impact report

Namib Minerals: Separating Restart Hype From Core Value [Seeking Alpha]

Namib Minerals - Ordinary Shares (NAMM) 
Company Research Source: Seeking Alpha
Current valuation is anchored by How Mine, with limited cash flow and high AISC, while Redwing and Mazowe projects lack financing and remain optional. Financing risk and potential dilution remain central concerns, as corporate overhead is heavy relative to asset scale, and growth depends on external capital. I rate NAMM a buy for traders due to volatility, but a hold for investors, as upside is tied to clear, shareholder-friendly project financing catalysts. nopparit/E+ via Getty Images When I first covered Namib Minerals ( NAMM ), the share price was around $7.87; since then, it has been plummeting hard. At the time, my main thesis was that investors should be cautious. Due to the SPAC structure and overvaluation, the stock seemed to be detached from This article was written by Analyst's Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote thi Show less Read more
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