I'm not going to pretend that I know when the Ree price will turn around. Our magnet recycling now running 24/7 is a good protection against suppressed Ree prices and as has been stated by setfire this is a good defensive play that can help hold us over while we wait for prices to readjust.
Im happy to look further ahead with my investments. More than happy for them to revalue in the short term but never expect it. I think a lot of people expect way too much to happen in way to short of a time, you see it in every hc forum.
Capital raises are capital raises. While not ideal at these prices, as long as the money is properly going to progressing the company I am okay with it. I will take measures when I can to avoid dilution in this regard.
Mainly I would be looking mainly at news from the magnet side of things at the moment to create value as well as deals in this area.
Secondly I would be looking at hopeful ex china deals once the demonstration plant is up and running. Though obviously more interested in magnet recycling at the moment as the current pricing landscape is exactly where would benefit from this venture.
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0.6¢ |
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Mkt cap ! $29.21M |
Open | High | Low | Value | Volume |
0.6¢ | 0.7¢ | 0.6¢ | $55.45K | 9.199M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
25 | 8589531 | 0.6¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
0.7¢ | 9870045 | 25 |
View Market Depth
No. | Vol. | Price($) |
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25 | 8589531 | 0.006 |
51 | 28284167 | 0.005 |
11 | 8055029 | 0.004 |
12 | 15552332 | 0.003 |
9 | 15900001 | 0.002 |
Price($) | Vol. | No. |
---|---|---|
0.007 | 9870045 | 25 |
0.008 | 8517362 | 15 |
0.009 | 5118178 | 13 |
0.010 | 11013892 | 17 |
0.011 | 4389693 | 4 |
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