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Could be. If it was mine Id probably pput a coat of varnish or shellac on it if it looks like there are loose fibers, to contain them. Ive encountered quite a bit of asbestos over the years... But prob ok if your not creating breathable dust. My house has an asbestos roof, still in decent shape after 85 years...hate to think whats its gonna cost if it ever needs work though...
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