Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Ive clearly thinks, based on what work he has done and what he has seen so far, that investing a substantial amount of his cash is a good deal at these prices.
He's buying above what most LTHs averages are, assuming LTHs were wise enough to buy when the SP was sub 3p.
Paul's decision to start buying small amounts is a good sign if not a nod to PIs saying the current SP is just silly. IMO
In the US CMD, Tim talked about alcohol detection as the big thing in USA.
Excessive alcohol consumption causes disability and death. Digital interventions are promising means to promote behavioral change and thus prevent alcohol-related harm, especially in critical moments such as driving. This requires real-time information on a person's blood alcohol concentration (BAC). Here, we develop an in-vehicle machine learning system to predict critical BAC levels. Our system leverages driver monitoring cameras mandated in numerous countries worldwide. We evaluate our system with n=30 participants in an interventional simulator study. Our system reliably detects driving under any alcohol influence (area under the receiver operating characteristic curve [AUROC] 0.88) and driving above the WHO recommended limit of 0.05g/dL BAC (AUROC 0.79). Model inspection reveals reliance on pathophysiological effects associated with alcohol consumption. To our knowledge, we are the first to rigorously evaluate the use of driver monitoring cameras for detecting drunk driving. Our results highlight the potential of driver monitoring cameras and enable next-generation drunk driver interaction preventing alcohol-related harm.
https://arxiv.org/abs/2301.08978
Not sure based on their analysis of expected car volumes they will hit breakeven in H2 2024. They seem to have pinned all their hopes for 2026 vols.
Cash and equiv at end Dec was 62m SEK i think, and assume that includes the 60m loan, which shows how tight they were.
Seye will be issuing their Q4 - year end report for 2022 tomorrow.
Will be interesting to see the cash in hand position as at 31 Dec as they took out a bridging loan for 60mSEK - not sure exactly when but it was notified in an initial press release about the fundraise early Dec. This bridging loan was to be repaid out of the fundraise proceeds once concluded.
Of course the more interesting cash in hand numbers will be for Q1 2023 due out 16 May as this will include the raise (325m SEK) less fees and this loan.
Both SEE and Seye and even Tobii and Cipia have people on the advisory board of Autosens:InCabin.
Wonder if others will chat to Colin and see why he thinks SEE's strategy is the right one!
Mike Lenne is talking at a conf in Madrid a week later and as Mike is our rep on the Autosens group perhaps he's in the Northern hemisphere for a couple of weeks.
David
Well what he does is up to him.
You should be more concerned about contracts and executing strategy.
OR
Working out the opportunity cost that you talk about and how much you would have made... Yeah but no but...
Have to agree, I couldn't care what he does with his money/options.
Executing the right strategy and winning is all that matters.
If i doubted that why would i invest here its your own decision to stay or leave.
David,
Its your hindsight moment that makes what you said somewhat strange. If only i hadn't invested here id have made a fortune elsewhere! Really?
Maybe you should cut your losses and make a fortune elsewhere then now, as you think you can.