Member Info for cristalball

Looks just like London ?

I don't even know why RBW is being considered in the same breath as MKA, they on a completely different scale. MKA holds a 43-101 report validating measured and indicated resources of 21mt which is 20x larger than RBW. MKA has £9m in the bank and a major partner onboard who are looking to fund the mine. When governments and major corporations want to secure a supply , where do you think they will go?

For the same MC over at MKA . 20x bigger M&I , trading below cash (£9m ) . Much better takeover prospect . 5 bagger next 12 months .

Yep - open market - couple of million . Very nice indeed.

He's chairman of the board ? Which should be a non exec .

I agree directors have a good chunk

£5k though ?

Come on, you can do better than 500k ..BoD.

i think we are going to see a change in company coms/ PR now. i bl00dy hope so anyway.

Nice bounce .

WSG £14m market cap - 3.5x STAR - same revs, loss making .

or the DoJ come in and fund our mine production in return for a secure supply.

We say NOTHING about the sales pipeline.

SEE - Following a number of further OEM contract wins during the period, the total projected value of contracted revenue for the Automotive business is now in the range of A$170 million to A$200 million, up from A$110 million at the end of FY2018, with the majority of this expected to be recognised in the 2021-2024 period based on projected lifetime OEM volumes.

SRT- a significant pipeline of sales opportunities of which six, with a value of approximately £212m, we hope to formally contract during the course of the next 12 months. Each of these six near term pipeline opportunities have an expected implementation period post contracts being signed of between 6 and 36 months and the opportunity for recurring satellite data revenues and further system contracts in the future."

I think people / the market seem to forget this is a micro cap - £4m stock, in the early stages of growth and development.
For the size of the company, to get to break even and have billion pound partners and customers if just unheard of. Go and check out CPX, SEE, TRAK, SRT - a bag of potential and rampy pipelines but no substance yet. Nice to have clarity on the auditor re-appointment, EBITDA positive, new contract and update on SAS revs.

Energy and Mining Minister Binton Kutsaira believes the rare earth mine will replace tobacco as Malawi's major foreign exchange earner. It follows discoveries of 17 rare earth minerals in Phalombe district by @MkangoResources and Lancaster Exploration. https://twitter.com/CapitalFMMw/status/1160494826338623493

Some really interesting activity going on in the REE space showing how MKA should be >5x current valuation. HAS:ASX are getting some some interest from this canny investor. RMX:ASX now have a $4.8m market cap with an undrilled asset .. !

https://stockhead.com.au/news/corporate-hastings-shareholders-avoided-rights-issue-but-this-investor-just-put-in-3-5m/

https://www.asx.com.au/asxpdf/20190812/pdf/447dhzw7n0vkp6.pdf

Questions for the BoD . How is Bosch going ? How is the UN tender ? Any update from Cropx? What value do you estimate the sales pipeline to be (something our peers state all the time - and why they have > 5x higher valuations that us)? In the meantime , feel free to RNS everything negative .

Why do we RNS this - 160k per annum - for 2 years (left) but TOTALLY FAIL to update the market on positive developments with blue chip companies . Frustrating and almost seems deliberately intended to suppress the SP .

Good summary of where we are . I would say there could be a few catalysts for a re-rate : 1). equity investment from a major fund (RBVC possible) 2). Posting a maiden profit - this year ? 3) UN deal lands 4) Bosch declare major orders / further JV. 5) get someone new / decent in PR / IR. 6) game changing innovation - lokies?

Trump statement - 22/07/19 - Without Presidential action under section 303 of the Act, United States industry cannot reasonably be expected to provide the production capability for Rare Earth Metals and Alloys adequately and in a timely manner. Further, purchases, purchase commitments, or other action pursuant to section 303 of the Act are the most cost-effective, expedient, and practical alternative method for meeting the need for this critical capability.