Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
I'd bet the dip at the end is due to the realisation that targets were missed. No wash plant or railway.
Apparently it doesn't need washed now to collect a part payment. But we did make the schedule...hmm!
Sceptical that we've been played, I am. But onwards and upwards. Funny old day indeed.
Seems you were right M_Night. Do you have any other tips? ??
RNS doesn't say which price the share issue will be at, but it looks approx £1m of services, with any upside to come.
I hope they are good value for money!
These calculations are all well and good but we are still burning more cash than revenue's by some margin. Still a way to go for revenue growth.
Directionally positive though.
"Chill Brands Group PLC - Grand Junction, Colorado-based cannabidiol products - For the six months ended September 30, pretax loss widens to GBP2.6 million from GBP1.1 million a year prior on higher costs, on revenue which rose sharply year-on-year to GBP1.1 million from GBP54,554."
Genuine question Mick2. I'll let you retract the idiot comment.
Given this is waiting on a transaction to fly(according to popular concensus), this would seem a significant event. Yet AZ only manages a retweet?
I like the sticky finger number better ??
No argument from me, just an opinion on why I think SP has dipped after the RNS today.
Bens is a buy for me!
Hope so wondergoals...like I say just my reading of the RNS and the dip in SP.
Buying opportunity gift for Christmas. Best wishes to all. Its going to be a great year in 2022.
Share price looks to be slipping a little, along with the schedule. End of January statement for first revenue is now changed to Q1. 2 month delay is how I read it.
Still believe this is a great stock, just taking a little more time to develop.
Patesy47, I'm slightly less confident than 50 50, but will hold to the end now.
Agree AZ should focus on proof of concept and scale from there. The market is ripe for this now. One deal however small would at least give some positivity to build some PR from.
Potential doesn't cut it when it come to cashflow. Credibility is non existent too....
Today supply chains are moving at their slowest for years, perhaps ever (relatively). Boats are queued, containers stacked up on the Dock side going no where fast. Business cost going up as it toils with poor flow of the inventories it needs; some majors in shutdowns.
If we don't see a deal in the next quarter, my opinion, we never will. What's your thought on the situation?
Craig... No need for a non technical response.
If they couldn't do miracles, they should have said sooner to soften the message is all.
Hopefully we see some revenue numbers update for a bounce sometime soon.
It's about transparency, no surprises. Not 3500 was a surprise and the market reaction tells you it's not a good surprise.