Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Have we been robbed and no way back?
Fast2fibre no updates on there website in 2 years.
An rns was released in the last couple of days... someone posted the link, maybe have a look at that.
Haha. My bad. Thanks
Well I dont know what this could have been as there have been no messages on JP Jenkins sine the Fast 2 Fibre announcement on March 31 2022 ????
Worth very little at the minute.
However if they sort out their funding and announce a mega contract...
What chance of that ??
Think it's game over here
Either way we will find out by 31 March.
Why by march 31
"The September 2022 CLN, which is unsecured, was due to be repaid by 31 December 2022. The board of Ridgecrest (excluding Robert Thesiger) has, in light of Fast2Fibre's current funding situation, decided to take no action in relation to the September CLN until 31 March 2023. On 31 March 2023 the Board of Ridgecrest (excluding Rob Thesiger) will need to consider whether to: i) convert the principal amount of the September 2022 CLN (and all accrued interest) into a minority interest in the ordinary shares of Sparkledun at a price of £32.05 per share; ii) demand repayment of the September 2022 CLN; or iii) take no action. Should Fast2Fibre fail to close its equity fundraising in the near term the Board of Ridgecrest (excluding Robert Thesiger) will need to consider it options."
Well if I dont hear anything in the next week or so I will be contacting the relevant authorities on the premise that this is now fraud...
How do you know this ?
https://www.londonstockexchange.com/news-article/market-news/company-update/15818846
It's under updates on the company's investment in f2f