RE: 1st Dec 2023 9:01 am RNS Lodgement of Prospectus4 Dec 2023 16:21
GC,
I would hope, and to a degree expect, that they will be able to go with deemed s.p. that was intended for the aborted RTO, i.e. 4.625p/share:-
9th Jun 2022 7:40 am RNS Statement re. Suspension
" ... Citius has agreed, subject to further due diligence, to acquire the entire share capital of AUC for total consideration of £2,000,000 (two million pounds), to be satisfied in full by the issue of 43,243,333,242 new shares of the Company at an implied price of £0.04625 per share ("Acquisition"). Citius will also undertake to raise further capital to support the future work programme and for general working capital. The details of the work programme will be finalised during the forthcoming due diligence phase. ..."
https://www.lse.co.uk/rns/CRES/statement-re-suspension-wnqgwbqiqbdoda4.html
Rare Earths looks like an attractive option.
Marula Mining (MARU), an Aquis-only-traded stock, has a Rare Earths etc. project in Africa, amongst others:-
https://marulamining.com/Projects.html
And MARU has risen from 2.45p a year ago to 11.25p now (market cap. £18.73M.):-
https://www.aquis.eu/companies/MARU