Ann: Trading Halt, page-34

Except it is not going to be 4 Billion shares for much longer !

The trick with this stock is to read between the lines and identify what is not being said,

When they say "no exploration expenditure' yet they failed to mention 'operational expenditure '.for a test plant they intend to run in 2024 !
While they suggest that they are going to produce 200t of RE Oxides in 2024, they fail to mention how much they will have to pay to buy that scrap ?.
And how much CAPEX is going to be needed to upgrade the Belfast test facility to handle 600t of scrap, do they have enough floor space or are they going to buy/build a new factory ?

Then there is the question as to why/who is doing the SP pump prior to every CR ??? the only people who should know that the CR was about to be announced should be embargoed for a month before any Ans, Yet last week we saw massive turnover and hikes in the SP on the back of very mediocre "News" repeats.... If I were a 'Sophisticated Investor' considering taking a position in this CR I would be highly insulted to think that Management were trying to pull a fast one on me by playing 'pass the parcel' to get the VWAP up.!