RE:News from "Riding the Gravy Train" this morning re GMA5.00 $ was in 2011 during the REE bubble.
We are very far from that level, but I don't think we should remain so low in valuation for much longer now...
The investment in KTR is worth about 0.08 per GMA share...
Separation technology confirmed by end users is pending...
Agreement with end users to follow...
Huge REE deposit in Montviel...
China cutting REE exports once again...with the USA in alarm mode
Very low operating costs since the new management is in place
They have about 5 400 000 warrants with exercise prices from 0.21 to 0.25 ending from june to december of 2018 that they will want shareholders to convert
How much is all of this worth ? 0.25, 0.50, 1.00,...Your guess is as good as mine, but 0.12 ? I don't think so...
As always, do your own DD and GLTA!
SS11