Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
If you want to keep moaning then move on. It's as simple as that but the fact you hold tells us you expect the price to go up.
She has managed the cash rate burn rate fairly well and although that has increased recently that would be expected with any growing company. Mistakes have been made and lessons have been learnt but now we are in a strong position.
The reality is we are far below fair value. When I purchased VAL I felt we were worth 35/40p and that was without many valuable compounds that we currently have.
The previous delays means that it can only last so much longer and I see that a positive at this price and time. With news due regarding other projects as well which can easily double us or more this week then I am more than happy here and will be adding.
Looking forward to the next few weeks. Unlike the previous management Suzy has managed the finances well which was one reason for my investment. The cash balance is only about 2 million a year with about 3.5 million in the bank.
Good luck to all holders. What a valuable pipeline we now have. My exit price will be between 50p-100p depending on how events over the coming weeks/months unfold.
VAL201 will land soon and another preclinical so I am expecting 50p soon. A great buy at these prices.
Lockdown you changed your tune. Good way to spend that pension money old man
.
23-Feb-23 09:42:56 9.466 1,600 Buy* 9.00 9.50 £151.46 O
Oh well a fiver a month is better than nothing right.
It's no wonder you don't make any money Lockdown. You can claim all you want but you make **** all with your few pounds bet. That is the reality. Any logic will tell you if you sell for 10% gain and get stuck with bigger losses when it goes down then you get nowhere. Fact you come to post like this to random people tells everyone what a bitter and sad loser you are. Have a nice day ******.
Oh what happened Lockdown. You like to boast that your trades are always successful. Win some and lose some. It's funny now you would not claim your a holder but when news comes and it goes positive you will say you are a great trader. Win 10% and lose 10 % nothing but a sad ****** you are.
BTW don't come here and throw insults to holders and then claim you are only defending yourself you hypocritical scum bag.
Lockdowns
Posted in: VAL
Posts: 225
Price: 11.25
No Opinion
RE: Ah, now I understand.13 Jan 2023 14:17
Back in 11.1p.
Great Post ABftse today:
Last year someone on here said lab was going to cost "£4 million."
The actual cost is £300k to set-up plus similar annual costs.
The placing is done. Revenue expected for Q1/2 (H1) 2023 - not 2024.
From Dr Suzy Dilly, CEO, Valirx PLC:
- Laboratory set-up targeted for Q1 2023.
- First service users and incoming revenues target of Q1 or Q2 2023.
- Initial target list of potential customers and collaborators identified.
1hr long Q&A with Suzy and Ken: https://www.brrmedia.co.uk/broadcasts-embed/63989e73148ca54e512b033e/valirx-qa-webinar/?player_only=true
Shareholder Q&A Presentation:
https://www.valirx.com/sites/default/files/2022-12/Valirx%20Shareholder%20QA%20%5B13%20Dec%202022%20FINAL%5D.pdf
If you need company info- go to the company directly and ask.
Res 4 was voted against by shareholders - Board of Directors must deliver results/revenue and I think they know that.
This stock can rise 50% without news just with one or two big buyers. Would not rule out 100%-200% in the next few weeks with news. Long term this will fly nothing like this around.
20p, 30p or 50p take your pick.....
Get a life mate with your £20 win and lose trades. You spend all your time on these boards for a few quid which takes many weeks and months to trade out with either a loss or win of £20. Surely it might be better to find a job..... Don't give us a lecture on how much you claim to make you complete waste........
Agreed. No shareholder has invested in some lab services business when they can't even prove the first one works. One is great for our own products and any extra revenue. This 4 lab strategy at this valuation was kept from us in previous Zoom meetings and for that reason I have voted no.
You're missing the point Baserite. Resolution 4 allows the board to issue 30 million shares as and when they like. Securing a second,third and fourth labs will increase the cash burn rate at a low company valuation when the first lab is not up and running or generating jack. You then end up with numerous low price placings to keep up with running costs. This would likely destroy the share price and put the company at risk especially given the current economy . You can't complain if you vote for this. As it stands we are undervalued though with decent cash so on balance we are a good buy at these levels.
Have you heard from Valirx. Trx have paid huge 6 figure tax. Note after expenses so big money must have been raised and they must be very serious as well so looks like a deal getting done soon. Great news for PYC and better news for VAL.