Member Info for Ironic

Will the factory get environmental permits or just sit there costing money . We are producing we have environment approval . Are the most environmentally friendly on the planet .

Will the factory take ten placings and a year of diluting warrants ?

...would you rather hold a producer or a explorer that may never ever produce ?
There are hundreds that don’t produce and all their investors think they will . Just like oil just like gold .

Easy ...would you rather hold a producer or a explorer that may never ever produce ?

Our value is in the extreme high grades which actually make it worth extracting as it can be processed with out the usual environmental damage . Our best plan now would be carry on extracting and using our first stage processing then give the government their 10 % and store our 90% and just watch the price grow . Use this unwanted funding to just store and wait . Even store and await a alternative to China , our M Cap will rise against our stored products value .

33God knows how many will never produce . Most of these assets have been known about for nearly 50 years yes 50 years just sat there . No interest just sat there ! . Look at China’s announcement illegal mines ...that is due to the pollution out weighing the benefit . That is why most have sat there for nearly 50 years before companys put them on their exploration sheet getting funding year after year from investors thinking they will produce one day .

God knows how many will never produce . Most of these assets have been known about for nearly 50 years yes 50 years just sat there . No interest just sat there ! . Look at China’s announcement illegal mines ...that is due to the pollution out weighing the benefit . That is why most have sat there for nearly 50 years before companys put them on their exploration sheet getting funding year after year from investors thinking they will produce one day .

If the deal is abandoned . Then there will be a £15 million placing . This is the risk reward . £15 million either way BUT we owe about £10 million bank loan ( I think ) and god knows how much for material and need to sink £1.5 million into Ethiopia.

The news is at that huge discount they might not even be interested ... THERE IS NO CERTAINTY THAT SUCH NEGOTIATIONS WILL RESULT IN A BINDING AGREEMENT OR THAT SUCH AGREEMENT WOULD BE CONCLUDED

Even when you start to produce you will probably be where RBW were a few weeks ago . The market will probably even take it backwards as they start work based on RBW history . Great market . Lol .

8 years Glencore have been JV with ZIOC pumping hundreds of millions in to pay their entry fee . Yet value is a minute fraction as it is in the ground . Every single licence and permit in place but as a explorer not a producer it is worth less .

As for the Irony ....generally on a good day the MMs mirror MKA and RBW in SP movement . I am happy to chop my nose of to spite my face as I am not day trading . How about you Tiger and twitter friends ? . Producer valued about the same as a explorer . How long till you produce , a decade may be .

Oops was for MKA BB who are attacking RBW .

As for the Irony ....generally on a good day the MMs mirror MKA and RBW in SP movement . I am happy to chop my nose of to spite my face as I am not day trading . How about you Tiger and twitter friends ? . Producer valued about the same as a explorer . How long till you produce , a decade may be .

60% of the posting on here is trying to devalue RBW . The fact is RBW are a producer proven and receiving income and improving . They have decided to produce and use the income to explore other areas . MKA are just a explorer , they may never produce or it may take decades and they are using investors to fund every thing , not the product .

Only 25% ...Zioc got better of Glencore ...five or six years on !!!!!!. Worth less . But worth tens or hundreds of Billions in the ground .

Interesting twist . Are China struggling with RRE production and hiding it disguised as a trading war ? . Either way will do ? . China’s rare-earth exports showed slowing growth and domestic output declined in 2018 amid a crackdown on illegal mining.

The point is in the ground values are worthless on our market , Canada may be different . The market history just shows dilution and SP fall for every stage . ZIOC is a great example . Glencore were worth half a Billion when they partnered ZIOC and have thrown in hundreds of millions but it is in the ground so is valued at £20 million instead of £100 Billion . Long long diluting journey according to market history .

It really proves the U.K. market for what it is though and makes new comers think twice about gambling any where . The days of investing are well and truly over it is just on line gambling with a feel good factor that you can tell your self you are investing in the markets .lol . So random and manipulated to just keep movement , up and down as they normally fall further down . Was that any better for you ?

To become a producer takes millions and lots and lots of placings along the way . ZIOC are 50/50 partners with Glencore who paid out over £200 million in study’s etc ...they are worth Billions in the ground but M Cap £20 million . So even when you land a JV partner for hundreds of millions becoming a producer will just keep diluting and taking funding at tens of millions at a time ! . Comparing RBW and MKA is not a good idea . They produce and have jumped those hurdles MKA have got years to jump hurdles and if the grades are not there it will just stay in the ground like so many others world wide .