It feels good to finally get this out of the way! Despite many in here who said it would never happen. Yes, it would have been nice to get the money at a higher price but it is done now and no looking back. We now hold a world class asset during a period when REEs are more sought after than ever! Especially with these crazy geopolitical moves going on. Brazil being a BRICS nation will be benefiting enormously with the worlds growing economies desperate for their resources.
Key personnel in place, key offtakes already. This project is already escalating towards production with less red and green tape than in our western countries. It should happen quite quickly Imo. Plus less overheads.
The only thing we need now is the share price to improve but I am confident that a re rate will take place now that everything is finalised. The uncertainty has been the killer in recent times but now we no longer have that. The crucial part is continuing high volume days to wash out the raise shares and that is already happening. A reversal is inevitable soon so I am definitely going to buy up more while it’s cheap!
SGQ Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
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