Why buy when they can collect for free ;-) Just wander over to Cosmos and read what Robinson and Henry are suggesting for themselves and you’ll understand.
Yes market cap is about $19m now, unfortunately our investments in Cosmos, Kincora and CREC haven’t done much recently and our cash balance can’t be more than $2m imo, so there’s real risk price goes below 3c.
What’s needed to turn this company around? Today’s presso includes quite a lot of new info which hadn’t been properly announced earlier, I sense desperation but also commitment.
I would like to see Robinson go and replaced with either Durrant or perhaps four directors is actually enough for a company of this size.
Todays presso suggests quite a lot about to start, upgrade MRE, offtakes, negotiation to a close, PFS (pushed to H1) and RareXploration.
Ann: RareX Investor Presentation, page-4
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Last
1.3¢ |
Change
-0.001(7.14%) |
Mkt cap ! $10.27M | |||
| Open | High | Low | Value | Volume |
| 1.3¢ | 1.4¢ | 1.3¢ | $5.079K | 385.1K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 670615 | 1.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 1.4¢ | 2755857 | 7 |
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| Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
| REE (ASX) Chart |