RE: Japan showing Concerns over Gallium and Germanium21 Feb 2025 13:20
The geo politics are irrelevant at this stage. The reality is any interested party could easily buy Rock for £10m if they wanted to. Why? Because both the resource is unproven as is the economic viability of mining it.
What this share needs is a positive RNS operational update. The last one was a delay to drilling RNS which is why the sp has drifted down. Potential investors are worried about another discounted placing, a DP speciality but not likely in my opinion, and the lack of progress.
Go check the Rockfire web site and the list of projects. Almost every resource is inferred. They should change the name to Rockfire Inferred Resources.
It's high time DP delivered more than inferred resources, he's had plenty of time to do just that. Get the drilling permits sorted, get drilling and use the results to form a favourable Jorc. That all takes time of course and AIM investors are notably short of patience.