Member Info for Monarch

Not in the short time as his preferred successor steps in until end of term in August I think. After that it will be the elected from the latest voting who I believe is a general and certainly wants to keep/ bring order. Here is hope...

Monarch

Hopefully we will hear soon now about the JORC given that RSA has loosened it’s restrictions as well. GB need to do a better job on communication from my POV.

Monarch

RNS states we actually have a bigger (36 instead of 30) resource. Everything else seems to be in line with expectations. He could have been a little bit more forthcoming about what's next, though.

Monarch

Hi lb, we shall find out soon. Especially after times of COVID-19, technology will move even faster and rare earths are needed for many applications. As long as we can extract the goods out of the ground and make a profit from it, we will also see an increase in Mcap. And if Mr. Pouroulis keeps supporting the Co as much as he has lately, I also expect that dilution will remain very small as he would/ should want to keep a major stake of the profits. Here is hope...

Monarch

Lovelyboy, I’m not sure Mr, Pouroulis is keen on selling. If he can make good money here for a long term, why would he sell? Sure, the CAPEX required will lead to some dilution, but if the JORC is as good as everybody hopes, there will be more than enough big pockets investors available that want to be part of a rare earth producing asset not controlled by the Chinese. There could be also a bidding war between the Chinese and the Western world to secure the rare earths that then drives the price high enough for Mr. Pouroulis to not be able to resist but I guess, again, it all depends on the JORC from which we hopefully will hear soon. If positive, big time money should pour into this.

Monarch

Wow, MM. A little too sensible for my taste. Certainly didn’t want to push any buttons. Enjoy the weekend and apologies if I stepped on anyone’s foot.

Monarch

Hi MM, although it might indicate a very bullish trading pattern, it is the positive JORC that will move the sp. That is, if you believe in the company and asset and are not just here for trading a candlestick pattern. ;-)

Monarch

The whole world is in lockdown and South Africa has put very strict rules in place to protect the people. If that is the only reason this is being hold back, I can live with it. The daily volumes certainly don’t suggest any different. Can you imagine if we get some decent volumes being traded here...very few in circulation as you can see.

Monarch

Low volume being an understatement... ridiculous price action here today. Oh well...

Monarch

Clarence, if the JORC comes in positive, 7p would translate to a Mcap of just £25M. I think there is much more possible considering they should draw high interest from a number of investors given they have a product of high demand and only few producing assets available. That is IF the JORC is positive. Fingers crossed...

Monarch

this is rising quickly every morning and almost comes to a complete standstill in the afternoon. As somebody who is in the "eastern time zones" is slowly building a stake to secure a chunk of it. Maybe I'm just paranoid...

Monarch

Not enough volumes for a leak but certainly interesting to see the price actions. Looks like everybody is happy to add and the MM's need to take the price up constantly. I continue to look at the Mcap and try to figure out what it will be if the JORC is positive and better than expected. Here is hope (and excitement!).

Monarch

Triggerboy, the JORC is due within the next few weeks (see last RNS). If that shows the positive information the management expects, the resource will increase and very likely also the lifespan of the project which should make the whole project even more interesting as investors will see this as a profitable business for a long time for a product which is high in demand and will increase in demand. That alone should make it compelling...not even mentioning that it's RARE earths we are talking about. IMO

Monarch

Looks like there is finally some recognition for this little gem. Now if that JORC comes in just as expected, the few shares in free float will fly off the table within a heartbeat. I don't even want to think about what will be if it is better than expected! Here is hope...

Monarch

Hi lovelyboy, no worries, I just wanted to make sure we keep the conversation focussed on RBW. If there would have been anything we shareholders should know, I would definitely want to hear about it so feel free to questioning or challenge if there is (or will be) anything in the future. After all, AIM is already a big challenge in itself so private investors should help each other finding the bright spots and make some money.

Cheers
Monarch

Hi lovelyboy, can you elaborate on your comment? I’m not trying to call you out or anything but would like to keep the conversations civilized on this board so if you think this is a spam, I would like to know why.

Thanks
Monarch

Thanks MM, I haven’t seen that video before.

Monarch

What I love about the South Africans is that they are what I call „no nonsense accountants“. And you can see it in that interview with Bennett...he just wouldn’t do any BS project and put his own stake into it if he wouldn’t see the benefit for himself.

Monarch

South Africa is in a more rigor lockdown than most European countries but they will start ease the restrictions now also so we should hear within the next couple of weeks from the JORC. Rare earths will continue to grow in demand and there are very few mines producing.

Monarch

Looks like MM's don't have many shares at this level. And with the BOD and top investors holding more than 40% of the shares at much higher prices, this will be fun if the JORC comes in positive. Get your popcorn ready...

Monarch