There were a few problem posters who have disappeared, likely the accounts of GPR reps. They were really the only ones who were "concerned". GPR tried to get an injunction but failed. The case is clear as can be, we all knew from the start, so simply just something now happening in the background. Potential upside of full ownership over the assets which is why RIM is pursuing this, so I don't even know why the price fell in the first place as the probabilities point towards substantial upside, but I know I took the opportunity to load up on the news.
Definitely exciting prospects here. I definitely see this as my next WA1. A leader in the scandium space with a rapidly growing and enormous resource. Very few other players, none in countries we like, no existing sustainable supply of this, but the applications for scandium are endless and provide substantial cost savings / efficiency. I am not sure what the market is waiting for, but looking forward we should expect regular expansions/upgrades to the resource estimate given how rapidly they are progressing with things. Can't imagine the price remaining this low for long
RIM Price at posting:
5.4¢ Sentiment: Buy Disclosure: Held
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