Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Great interview
View it several times
Thankyou to the person who put up the link
In the interview AH mentions some of these points
Intresting Asset to have
Resource is of global significance
There is significant demand for this type of commodity
AH does not see the demand dropping off anytime soon
Nickel is a key element of stainless steel
Nickel is a key element for EV Batteries
Big potential off takers are all aware of AMC and its assets and they all are watching this space
__________ _________ ______
All the above sounds amazing
What I don't understand is why would someone not come in now and take this off our hands when market cap is so low why wait whilst AMC get everything in place surly then the market cap will be significantly a lot more and would cost any buyer who comes forward a lot more money and not to forgot the nickel price will be so much more higher in the years to come
Agreed but didn't he say that the majors would not be interested for a couple of years.
…...and he also said Glencore, for instance, may be interested.....opppppppsssss…. ..just using them for 'example'!!!
Robin young In last years prestatation december 2019 he did say he expects AMC to be in production by 2023
And we are now nearing march 2020
Surly its going to take 2=3 years to build this mine so i would expect some concrete finance deals to be put in place sooner and not later
"Robin young In last years prestatation december 2019 he did say he expects AMC to be in production by 2023"
And in the same meeting, RY heard Mckay say to shareholders "2018 drill update WILL be public before year end"
Young also told shareholders at the November 2018 presentation, he would improve communications.
And don't forget this beauty,
RNS, 22 March 2019,
"I look forward to providing a more in depth perspective of the strategic partnering plan in the very near future."
You cannot rely on or believe anything Young says.
TDT
Statement of the obvious really but 18 months down the road feels (and will continue to feel) very far away until funding is put in place to ensure we get there.
Once that's done, I'll be very confident we have a goer here. Until it is …………….
I agree with TDT, 18-24 months reasonable but at what cost? The SP is at a all time low. We also don't have funds. For me the big Q is if we are 18 months away, how are we going to get there?
My guess is big rights issue with bod and management backing as well.
I guess, if the price will go over 2p, we are in for another finance update...
I think we are due one more surprise before the end of the month. We were told to expect something in February. The exact date of Adam coming on board may not have been known before Christmas. I hope it’s what we have all been waiting for and that it is a game changer. We all live in eternal hope.
Who told us to expect something in February?
"We were told to expect something in February"
You are displaying all the tendency of being obtuse with that statement. Nobody from AMC has made such remark. Even if they did, you would have to take it with a huge pinch of salt.
I was and don't remember anything promised in Feb, anyway you can't believe a word they say, they're worse than politicians!
Hi Geng, it was a question I asked Paul after the meeting. ‘When is the next update?’ and he said for you, (the investor), in February. He may have known that Adam was coming on board in February or not. Paul appears to be quite straight talking, so let’s hope I didn’t get the wrong end of the stick, or that, that was the news. We are all clasping at straws I’m afraid. One of us will be right one day - for all of us, I hope it’s me - this month. GLA.
Maybe it was this morning’s RNS, but I am still hoping for something else before month end.