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30/07/17
18:19
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Originally posted by NormanW
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Each to their own I'd say. The likelihood that the cobalt play in DRC comes into the making is high. It won't be long until it is officially aquired. I wouldn't call that a pray or anything associated with it. The share market is full of stocks that don't have 100% certainty. We all invest with a known issue which is risk.
About 60% of the world's cobalt supply comes from the DRC and that doesn't look like it's changing. Our past performance was exceptional and I'm in the red. I don't see the past as being a negative but rather a learning curb. There are many companies that aren't reliable and we all invest with a certain notion of %risk.
If you compare rmx with black jack having less upside...well you now know for yourself, where you're likely to trade.
I'm very confident of rmx and I have faith that the cobalt aquisition will be delivered very soon. I'm also confident of a next aquisition, which may also be a cobalt play. They'll add $$$ value to our shy market cap. Once the aquisition/$ come into play, investors will pour back in and so will the traders following suit.
Cheers for your feed back
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And thats why i will buy back in if they go ahead with it. There will be plenty hype especially with what AVZ has done. But theres also plenty of time to do so even after acquisition because nothing goes up in a straight and with less risk.