Re whole picture.30 Jun 2025 19:27
To be honest. The accounts show debt has fallen. Being a mining company, like AI, Pharma and other tech type companies, it is an expectation that the company will not return profit or even funds initially. That is just standard. The companies assets are growing and they still have cash. Overheads are minimal with one employee and directors. The company are not far from making their first strike and start returning revenue. Which is incredibly quick. The company has a wide range of minerals and metals that they are targeting, meaning eggs are not all in one basket. Nickel price is low, hence they sought to diversify like any normal company would. They have been up front and honest all the way through, giving us an RNS on a regular basis.
The positives are all there, hence the price rises. Personally, they are giving everything to us, we need, I am happy with that. I do not like large rises and falls, prefer small rise but consistent. One can always find negatives, one can always find positives, but the important thing is what is the reality (not what is written in posts, dodgy magazines (who reads those anyway???). This company is new, they have strong assets, the policy of many countries around the world including Europe, USA and the UK are to find new rare earth resources, this company is part of the future.