Member Info for Monarch

New, you would be the 4th person by now willing to get engaged. Thank you. I will reach out latest beginning of next week (yes, I commit to a timeline here) to bring people together and take it from there. Monarch

scott, ideally we are getting a group of interested people together who can bring expertise from different backgrounds. O&G, Finance, government affairs SME's...all will be welcome to contribute. Ultimately I would like the group to challenge the BOD but also approach them proactively to get AST in a position of success without the current pain to shareholders. I have no idea where this will lead us but that's the purpose in the 1st place. Monarch

Hi all, funny enough I had just one feedback so far. Either shows that nobody trusts me or everybody will be at the AGM and get on CHs case themselves or people are happy the way it is or there a lot of sheep out there with a big mouth but no substance. I will go ahead anyway and anybody who wants can join me to hold the BOD accountable. Good luck everybody Monarch

All i see is the 200k buy...the rest is in the wash. Seeing MKA today, I'm curious to see where the market will value the 1st selling rare earth company out there. Prices further strengthening... Monarch

There are many good reasons to believe. Q4 will be very interesting and we should even get a christmas gift if they continue to be on track and sell 1st product end of year. Exciting times... Monarch

Beevorma, auctions are every day at a certain time, like 9am and 2pm and in VERY rare cases the allow the order book to settle after a steep rise or fall. Not sure why you ask this here but I have a guess... Let the company perform and market realize what its worth...it doesn�t need any �help� to put it kindly. Monarch

Leapfrog, thanks for the input. Do you see this as a possible good investment? Monarch

JohnnyB, it's actually not a hint...this information is freely available on the website in the company presentation where they line out the whole project. Really refreshing to see how they operate so far. Also, my understanding is that the discount on the sales price is on a batch case basis so each batch might have a different discount depending on TK's ability to negotiate with the end customer...probably a pre-agreed Tier approach..the higher the negotiated price for the batch, the higher TK's rebate...win win for both parties. imo Monarch

...and no news...??? DW certainly was more happy to update shareholders before he asked for more money. I'm still holding but this starts to smell a lot worst by the day... Monarch

JohnnyB, not sure if it's already paid, but it certainly has been planned for and can be paid from current cash reserves is my understanding. As for share cap, the BOD has A LOT of skin in the game even beyond Pouroulis. They all are interested to develop this and let it run as far as possible before a handy pay day. imo and all that Monarch

All on track and on time which you can't say for a lot of AIM companies nowadays. Sure, Burundi is not UK, so you probably will not invest here if you prefer "safe stocks"... For the brave of us, this is a gem. Debt free, BOD with A LOT of skin in the game, great asset and ready to produce... Exciting times ahead Monarch

micky, operating in Africa is still very risky and although RBW seems to have a great management team, people are generally shying away from stuff they don't know. Once the company can start to report real progress over the next couple of months, hopefully people will become more interested and can see the potential mentioned by you. The good thing is that the BOD holds a significant amount of shares which means that the free float is limited Monarch

Certainly a little to big for a bed&isa. Whatever the MM's are doing, it keeps the sp flat for now. I'm slowly building a position here as RBW will be the 1st of the rare earth companies producing so there is a great chance they can ask their price to the market through the off take agreement with TK. Fully funded, no debt and apparently a great asset...not many of those on AIM nowadays... Monarch

I think that name belongs to ADL :-) Monarch

share is overwhelming... please wake me up in Q4 Monarch

Are those in red really all sells? Anybody has the real spread? Monarch

I think below explains what you are looking for... Applying the average grades above to recent published prices for rare earth oxides would imply a basket price for the ROM ore of approximately US$13.18 per kg on a 100% basis (before processing into concentrate). This basket price has risen by approximately 33% already in 2017 due to strengthening REE prices. Due to the further processing and separation work required to be undertaken on Rainbow's mineral concentrate, customers will pay a discounted price to the basket price, which in each case will be subject to commercial negotiation. Monarch

Seems like MM's need to order the order book first Monarch

The RNS shows how little is still known by the company its self. At some point the market will wake up to this gem and give it the attention it deserves. Not long until Q4. Monarch

So SMA has 400K cash, has no asset except a 10% interest in a company that needs money to deliver, and is currently valued at 2.4M...? Do i see this right? Monarch