Member Info for GLR1990

It's because the EV market hasn't taken off just yet, but ultimately it will at some point, nations are already starting to branch out and secure supply of REE's, I think most REE miners will get bought out eventually

Sorry the other way around, Oxide is $68/KG and Nd is $75/KG

Hi Double

I follow MKA (Mkango resources) and they have been updating recently the price of Nd and NdpR (Neodymium Oxide) - it is currently around $68/KG for Nd and $75/KG for the Oxide - that is today's price

Dont think it will go that low, could be wrong as the market seems to be ignoring all logic atm
They have £17.5m in cash
After tax possibly £15m+
The current SP values the company at £13m
They could, if they wanted, Divi some of the cash, even half of it would be ~21p
If they dividended the lot (won't happen as need funds for Paraytec) everyone would get around 43p
If my calcs are correct (this is post tax) I haven't checked losses from previous years to that could offset some of the taxation, I am anticipating a bit to be offset by that hence why I have gone with around £15m cash

· Concentrate shipments expected to grow, with 100t of concentrate shipped Monday 5th October 2020 and a further 210t of concentrate in stock at 30 September 2020 being prepared for shipment· Growing volumes being delivered into an improving RE pricing environment, with NdPr oxide strengthening 30% from US$36,850/t in April 2020 to US$48,050/t on 30 September 2020- NDpR now $68,000 a tonne and Nd now upto $75,000 a tonne, that is some rise!

There it is! Trial Mining Update, reads well now NDYM is over 75K

Are we still producing in Burundi?

Last RNS I can see is May 2020

GLA bought in as neodymium is up 14% - doesn’t RBW have a high % of neodymium in their basket? Last time I checked I thought it was 20-25%, sorry for the laziness (I’m pretty sure it is)

Shocking day
Selling £3.5m below cash

Sorry tucky I did not intend that to be a negative, what I am saying is if the mask is truly great and orders are through the roof, short term a placing sucks for investors but long term it's fantastic, placings are to accelerate growth and if RMS feel they dont need £10m to accelerate growth then I question everything they are saying and whether they do truly have orders, they could of course recieve an order and then place off the back of it at a higher price, but if they dont do a placing I will be absolutely stunned, that does not mean it will be discounted I just cannot see any logical reason why they do not want to raise £5-10m and really accelerate the growth, whilst the market is hot - every other CV19 company has done it whether it be diagnostics, treatments etc.

Actually not sure if NCYT did it, they did truly expand from existing cash reserves but they are truly a once in a generation stock

£1m in the bank and a market cap of £45m...
If you are the NHS are you going to trust a company with that much cash in the bank to provide you with an uninterrupted secured supply of anti-cv19 masks? What if one of the supply chains goes down, the machine breaks etc?
If the RMS product is so good they will raise £10m and expand massively in a short space of time to truly capture the market, the window of opportunity for these masks is short so they cannot afford to wait around for revenue to come in before they start expanding, if its a great product II's will come on board and back them in a placing, if it's a pipe dream then you won't see a placing, PI's will continue to pump it up but likely it wont do very well - great companies attract big investors, not small time PI's and if someone comes knocking offering RMS £10m they're likely going to take it

Considering RMS is down 5% it doesnt look like anyone is buying, if BRH wanted back in then they could likely get back in when RMS do a placing

Brilliantly well put, hats off to the BoD

So the Paraytec test is fully funded for COMMERCIAL LAUNCH in the UK in H1 2021, right now the net value of this company and its projects is -£1m GBP (if you vs our share price to cash post tax)

Paraytec test could be worth millions, possibly 10's of millions in due course, of course there is a lot to do in the meantime!

The show is only just beginning here at BRH!

It's a possibility, their share price has risen greatly - would explain why it continues to rise

Added more now selling £3m below cash
Even after tax likely £1m or more below cash
Zero value attributed to any of the holdings now

Abington is not being used in Liverpool
Abington only have an ABC-19 Antibody test, the tests being used in Liverpool are Lateral Flow and I believe developed by Innova, they have little to do with Avacta

What do you mean, Abington and/are Avacta are being used in Liverpool?

Good luck Real112, you should always do what makes you comfortable, if an investment doesn't feel right or causes you stress, then is it really worth being invested?

For me, TB owns 25%, has £17m in cash, and has a 100% owned CV19 Test company that has shown promising early POC data, I think this will do very well before Y/E

I think they will dividend more than 5p

Good Q, what do you think would happen if they announced say a 10p dividend?
Would everyone scramble to get it? It doesn't make sense to really, as dividend = less cash in the bank for the company however, since there is no value being attributed to Paraytec at the moment, I think it makes sense to divi a decent sized chunk
Or they may just sit on it being an investment company
Over to TB, he made it can do what he wants with it really

Been a lot of 50K and 25K chunks lately, I was unsure whether the 50Ks from the other day and yesterday were buys, however those two 25K chunks are definitely buys, so I am going to side with buys
Would guess small fry PI's are exiting whilst someone with a bigger cash pile is adding
TB adding more? not that he needs to with 25% (is it 2%% or 20%? website says 25% but could be outdated)

RMS? Never heard of them, SP looks like it's risen quite a lot lately

Surely they would need to do a placing to fund the mass rollout of this mask idea they have?

Maybe we can take part in that, 1.8p?

:-)