Amala Foods Share Discussion Threads

[ken chung] 03/3/2022 07:22

Terra Rara UK Ltd, a company only incorporated in London on 21st February 2022.

[babbler] 02/3/2022 18:56

if successful, this provides a " see through " valuation of approximately 2p per share. The Company can confirm that it is also working with known funding partners who have committed, subject to satisfactory due diligence, to provide the funding for the transaction, at the valuation above, in sync with Terra Rara vendors.Ie funding parties will pay 2p. Not that complicated really.

[ken chung] 02/3/2022 18:51

So what's the deal? 30% stake in some new company, then see that diluted as it's followed by years of share issues to fund exploration for and if found extraction of, some unspecified rare earth mineral in some unspecified location.Not enough visibility about the medium and long term.And don't assume 30% would automatically translate into 2p on the share price. Expectations of further dilution to fund the rare earth venture and food side, may mean little if any upside in the share price. At b at it could drift for years and could go down.

[hotrat] 02/3/2022 17:33

Is this worth a punt?

[tomboyb] 02/3/2022 12:28

Need to clear Align -

[rogerc1985] 02/3/2022 11:57

The rns say they are working with known funding partnersSo my take is that align willDump their holding and anew placing comes at 0.3 for align

[rogerc1985] 02/3/2022 11:47

Have a look at the volume on the last rnsWas high due to align dumping In between volume is nothing Gamblers buying then will dump at lossAlign dumping everything too