RIL battery recycling discussion, page-268

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Melen100

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25/05/24

19:49

Post #: 74008813
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Originally posted by HappyPecker: ↑

Hi Melen100

The short to medium term concerns me the most too. But I’m hopeful. RIL shouldn’t need to raise funds in the short term thankfully with enough in the kitty to keep the lights on well into next year.
I am hoping that Redivium will be fortunate enough to time the market with some positive news very soon and as investors find some extra cash in their pockets when interest rates are cut this year or next year, need somewhere to invest their cash.
I really believe battery metals will have their time again as electric vehicle sentiment swings back to a more positive news cycle. With lower interest rates families may look at EV’s as their next upgrade and the positive outlook for EV’s gains momentum again. Yes not directly helpful to RIL but hopefully the more people driving and talking about EV’s the more some long term thinkers will see what RIL are trying to do and part with some investing dollars.
As ProC has mentioned on this thread RIL are due for some news very soon. There’s the possibility any one of these announcements may or may not move the share price. I’m a glass half full kind of person.
Just my opinion.
Sorry to hear about your two unfortunate investments and wish you luck here with Redivium.
Cheers
HP

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thanks mate, I'm hopeful as well but severely beaten up by lying asx companies that ran out of money, so i just look at that..

RIL Price at posting: 0.4¢ Sentiment: None Disclosure: Held
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RIL battery recycling discussion, page-268

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