Bottom line is it’s clear West Newton is a huge find. Just baffling why the share price isn’t responding. UJO is up 30 % in 2 days. Not normally a fan of consolidations but it’s been a huge success there and really got the share price going.
To clarify they need to raise £6 million by June under AIM rules, but they have already raised £2 million so £4 million more is needed, which is not a great deal if the share price keeps climbing. Anyway I think we need to just enjoy the ride, just look at AAA they know what they are doing!
Not correct. Blue jay mining announced a big loan effectively from the US government at a pittance rate of approx 1.5% as they want to gain an interest in Greenland. They are even more keen on Rare Earths. Issuing shares to fund the Company is by no means certain, but even it was, if the end result is to harvest the massive reserves of rare earths then it would catapult the share price to many multiples of where we are now.
Seller now done. I presume it was the warrant conversion shares from the Australian fund announced a few days ago. Price has now firmed. Very good news and leaves the way open now for further progress. The bull flag on the chart is very positive and it shouldn’t now take much to move us to the next level.
When you take a look at the value of what RBW are sat on, it’s valuation at 19p is an absolute giveaway. If I were in the White House, panicking about China’s monopoly, I would just buy companies like this, end of!
Be very interesting to see what happens. I would think that those who took place in the placing at 0.66p would be very tempted to take their profits now they have quadrupled their money.
Just don’t understand some people. Cornish metals Cusn up 10% at one point and are now valued at approx £28 million, double CHF. And we have the backing of Poly. Explain that, other than CHF is very Undervalued.
Bought a few. Probably because of its tiny market cap, the fact that some tiny caps are going beserk, it?s oil & gold potential or a combination of the above makes it intriguing. I?ve dithered for weeks. Anyway Let?s see.
Don’t think it’s going to take a lot to move this. I’ve just bought 1 million and it immediately moved the price. I get the feeling that other than bored holders, big sellers that have held this back may have done.
Copper is on fire. The main shareholder is not wanting the acquisition to be paid for in shares. Can see his point, money is cheap so why not at least in part fund by debt? We have the cash to do it too. Either way the BOD should just get it done, a new copper play would go down really well with the market. I bought back yesterday once we knew we weren’t going to be delisted and really excited for the next few weeks!
This will Surely move higher after president Bidens comments last night on rare earths. We are sitting on a gold (rare earths!) mine here, in huge demand and not many players. It’s a dream investment really.
I have bought back in now there’s no risk of delisting. Surprised this hasn’t bounced on the news. Time to buy the copper assets in cash. Copper is on fire at the moment.