RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:News FlowLidLid wrote: Innord is a subsidiary section of GMA. The non-binding LOI with Rocklink did not bring anything in for Innord.
Since there is no data can be found on the internet about how much financial strength Innord has, and we know GMA sold 1M KTR shares @0.16, based on that, I assume Innord is not big musicale guy. It is hard to say Innord will be OK without long term PM feed contract, as simple as everything is running demands money.
To be a magnet recycler, you need to recycle PM, you need to have fairly steady flow of PM feed. There is no way to go around it.
For your reference, In 2018, PM manufacturers out side of China generated about 93 tones of waste total, with many competitors to fight over to recycle it, this is almost nothing. you know how scary the situation is.
Corect me if I’m wrong,but what you’re basically telling me is that my wife’s suggestion to name our son David instead of Innord would have been the wiser decision? Where were you a couple of years ago when I needed this sound advice,Mr.Lid ?!
Get this,Lid. Because of my financial foolishness of investing in Geomega I’ve lost almost everything. I’m currently living in a tent under an over pass on the wrong side of town. I’m selling “Honk if you love neodymium” bumper stickers to passers by to make a bit of cash. I’m saving to patch up the hole in my tent. It gets drafty at night under the bridge and makes it hard for baby Innord to settle. Anyway enough about me and my woes.
Lid, you come across as a very generous and honest person, a rarity on stockhouse. I appreciate you taking the time to share all of your magnet feed knowledge with us. Listen I know it’s not much, but can I send you a free bumper sticker as a token of my appreciation? You’d be surprised, a lot of people honk and wave when they see it! It seems everyone is into rare earths nowadays. It’s just a small gesture to say thank you for everything you do,Lid. I’m sure everyone on the GMA board would back me up on that. Cheers