Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Best read what is not said rather than what is with RBD. Any definite news regarding time scales....NO !
The spike in s p will be propped up by buying into treasury following for many more months of decline...JUST WATCH !
A bit of history from a Deltic RNS when RBD were interested in them.
"Reabold is disappointed in Deltic's initial views of the West Newton project and notes that, given the lack of engagement with Reabold, the Deltic Board's "detailed understanding" appears to stem from datasets dating back to 2017, which was prior to the drilling of the West Newton A-2 well. Reabold is surprised that the Deltic Board has noted "serious concerns in relation to the technical viability, materiality and limited potential upside" in relation to West Newton, particularly given the fact that Deltic uses West Newton as an example of a potential analogue of Pensacola in its recent presentation materials and references the significant discovery at West Newton in its own regulatory announcements when referring to Pensacola."
Itsawrap
Rathlin UK taken from latest Accounts lodged @ Companies House 31st December 2022 states..............
Material Uncertainty related to Going Concern
In order for it to fulfil its work program commitments additional funding required before 30 June 2024........
casts significant doubt on the companies ability to continue as a going concern.
It's possible, dependent on what agreement there is between the two companies regarding such a possible eventuality. Knowing the dynamic duo's business acumen pitted against the much more experienced guys at LNG, the price to be paid would not be in the best interests of RBD share-holders.