Post by
throwaway11 on Jun 19, 2023 9:27pm
Anyone wanna sell a house and buy this entire Co. for $1.4m?
They're working with: Blumetric Environmental, the Canadian federal government, Draslovka (and by association or directly, possibly Barrick.), Li Ka Shing Institution of Virology at the University of Alberta.
They're working on a MIP coated microwire solution that can detect UTIs in potentially record breaking time with York University in Toronto.
They're working on a resin bead that can directly extract valuable lithium from Spodumene, bypassing multiple chemical and resource intensive processes that are currently standard in the industry.
All of this using the exact same base technology and platforms applying that technology.
Most of the roster is already patented.
The market cap here is ludicrous. My view is, if you can afford to, buy away.
Comment by
Onadime on Jun 20, 2023 9:36am
And I think they will get Rio back if the dust settles with chillean government. Positive news today on the front. It's potential pipeline https://www.rio2.com/post/rio2-limited-receives-us-5-million-from-chilean-iva-vat-refund
Comment by
Tslayer on Jun 20, 2023 11:01am
I've heard these same song and dance stories about this company since buying in about 3 years ago. This stock has done nothing but spiral downward. I would be very surprised if it's not under creditor protection by year end.