IMO this company will be takenover by our major shareholder. DYOR. Who is backing them?? They will try to buy on-market for as many shares as possible and will buyout the rest for $0.345. What they bought in for in 2010. When will this happen???
Finance and off-take was completed in 2012 backed by the Chinese government owned bank….DYOR
The Chinese will not waste time sitting around. They are hungry to dominate the rare earth sector. Now that ML is issued, the only thing holding them back from executing the above plan is DA and CDA.
This is not financial advise. Please do your own research.
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IMO this company will be takenover by our major shareholder....
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