Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
I don’t think you understand funding Trisor. Still neither does Duffers!!
5 bn shs at what price?
What’s the point of issuing 5 billions shs Trisor?
The mkt cap is £2m
ProJo
If you can only look at an investment through rose-tinted glasses you can never win.
Until June means the end of June? Really? There is no hope for you. Do you also believe a loss is a profit? If so you’re in the right stock! Lol
Trisor
Just check the definition of evaluate. It means assess.
Today 20:33
Nano all hot Air..
Yep. Agreed Castle! Lol
Trisor
If you want to run your position that’s up to you of course. And good luck. I just don’t want you to be relying on the last RNS as the reason that you are staying long. That would be wrong and actually counter-intuitive
Trisor
In my analogy that’s exactly what do mean. I don’t need any firm offers from a lender or to even be talking to a lender to be actively evaluating/assessing potential funding
Or indeed evaluate. Evaluate simply means assess. So if I were evaluating a number of funding options it would simply mean that I am just looking for what mortgages/other products are out there and available to me
Trisor
If I were buying a house I might want to explore a number of potential funding options. This does not mean that I have a mortgage offer or that I will ever get one
There might be a huge difference in meaning to you Trisor but that’s not important. What’s important is not what’s true, it’s what Duffers would rather have you believe whilst being ambiguous.
Still you believed him re masks, then filters, then growth by acquisition and then when he said that the finances were solid and would fund operations for more than a year. And they were specifics. Promises that we’re all broken. Statements that were untruths.
Good luck Trisor
Alibaba
Trisor
ExMS that was January -this is now. Now there are products, websites etc.
Trisor
Im not trying to rub salt in the wounds. But in your last message it seemed to me you were suggesting that the company is in a somehow more preferable position than it was at the time of the last placing? And you mentioned products and websites etc
I can assure you that the company is in absolute dire straits.
Trisor
Wasn’t the last raise done ahead of the expected world launch launch of anti-viral filters at Filtech?
And wasn’t the last raise done when there was £1-1.25 m in the bank?
And the SP has fallen by 60%
So, given those indisputable facts, I would argue that the company is in a significantly worse position than they were at the last placing.
Trisor
I’m just trying to protect the integrity of this forum as ever. And sometimes that seems like a full-time job!
Further funding is not possible. Duffers would have done as much size-wise as he possibly could in Jan. And to scrape the barrel with Oval X shows just how difficult it was. And any further raise would in any case be done at a significant discount to the current SP. So it’s over, and is going to zero
PropheticJock
You’re looking at charts and TA and you bought this car-crash? Too funny!! Are you related to PW? Lol
…..goes the Doomsday Clock.
Have you ever thought of that I actually like their products and see the wood for the trees?
No PW that thought has never crossed my mind….