...hence I said, they didn't sell on the same sentiment in August. Perhaps retail expectations were higher, but since then this company has signed an MOU with the Korean Development Bank on a rare earths supply chain; Its produced 6.5 tonnes of saleable NdPr metal; and signed its first sales agreement for 10 tonnes of NdPr metal to a Korean magnet maker; and raised a chunk of cash to expand its business further.
I think this is a classic case of investors getting caught up on the rare earth and general mkt hype in 2021 and now selling at significant losses. I did not have the proverbials to sell at $10+ despite being a past owner and am not making the same 'value' mistake down here.
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