Rare Element Resources Ltd (QB) (REEMF) Quote

My shares finally showed up. Wonder if the price stays firm today.

Two place’s works for me!….lol!

We need the decimal point moved one or two places after that 0.12! Why not wish for the moon?

I’m just happy that we’re above 12 cents!

Not a mathematician………..lol

So, like……..what’s the surprise?

Since Synchron owns 70.6% of shares, (I figured only 70%) that would make us little folks owning only 150,223,387. Doesn't make a big, big difference. We are still a minority. Mathematicians where are you?

IF my math is correct, it looks like Synchron holds 360,740,516 shares and the remaining 154,608,078 shares are owned by us little folks!

Possibly one more offering to bring their ownership closer to 80%? The question is does leaving this publicly traded give the company a mechanism to help ensure a positive regulatory environment? How much would projected output exceed the company's projected internal needs and would it be in their legal best interest to sell directly to their competition?

Lots of questions.

Be Happy with 5.

Once the pilot plant proves the refining process is viable at increased volumes, whatever the share price is at that time…….my best guess is 7 to 10 ………any other guesses out there?

Any thoughts on the price if they take it private as GA is not a public traded company?

The Advantages: SEC not looking over your shoulder, discontent shareholders, legal action from investors and running your business with less interference! Need more?

That’s the prevailing model for GA subsidiaries ……….all shares will have the same value……….

what is the advantage of taking this private?

Will the day come when Synchron (General Atomics) will desire to take company private as they are? If so, what might the 30% shares they do not own be worth? Lots of questions. As a big defense company and into magnets, it seems reasonable!

They must have a high level of confidence in the company, technology and future commercialization.

Now Synchron will own approximately 70.6% of the issued and outstanding common shares of the Company. https://www.rareelementresources.com/investor-information/news-releases/2024/03/12/rare-element-resources-announces-results-of-oversubscribed-rights-offering-of-common-shares

E*Trade told me last week………..should settle by the 20th……..

Probably you need to wait a day or two to see the allotted shares in your account..

Still nothing. Curious if my brokerage did a boboo.

Thanks again Dude…….very good read…….

https://wyofile.com/high-hopes-or-hype-for-rare-earth-mining-in-wyoming/?utm_source=WyoFile&utm_campaign=bc3e7a2e56-EMAIL_CAMPAIGN_2024_03_06_01_07&utm_medium=email&utm_term=0_-bc3e7a2e56-%5BLIST_EMAIL_ID%5D

But they told me March 6…….so far so good……

Actually I think it’s March 11…….

E*Trade

Did you get your shares to your brokerage or will it happen on March 11?

Happy to report a smooth subscription rights experience………good luck to us all!

Just looked post close……….shares showing on my account………

I agree………sloppy execution does not build confidence with investors………

I have to admit, the manner in which these shares are offered and being processed makes me feel a bit uneasy. Seems that it should be done with more precision. Is this a first time for the executives in charge? Bring in skilled people to execute!

I haven’t heard anything from E*Trade …….March is upon us……..

Thanks again wyodude!

Thank you for being a shareholder in Rare Element and your inquiry into our information portal on the website.


You inquired about the commencement date for the Company’s planned rights offering. We are awaiting SEC review, and it has taken a bit longer than expected. Once received, we’ll put a press release out on the commencement so you will know it is underway. The offering is planned to remain open for about 21 days (to be confirmed in the commencement press release).

Thank you again for your interest in the company and the rights offering.



Let me know if you have any more questions.

Kind Regards,

Kelli



Kelli Kast

Kelli Kast

Consultant

I don’t see any new dates on the new press release………ya think they are going wait till after the election?……..lol

12 cents here we come………

Thanks Dude!

The article is from: Trading Economics,

A followup comment:
Uranium prices held at $106 in the second half of January, the highest since 2007, as mounting setbacks to supply coincided with increasing demand. Kazakhstan’s state-owned Kazatomprom, the world’s largest uranium producer, stated it would be unable to meet its production target for the next two years amid a shortage in inputs and construction issues. This added to Canadian Cameco’s outlook downgrade in September due to issues in key mines and uncertainty over French Orano’s output due to Niger’s military coup. Additionally, Western utilities continued to voluntarily shun Russian uranium imports due to its invasion of Ukraine, while the US moved closer to banning its imports. In the meantime, ambitious decarbonization goals drove the US and 20 other countries to announce that their nuclear power will be tripled by 2050. The large bets on nuclear energy are led by China, which is building 22 of 58 global reactors, while Japan restarted projects to increase nuclear power output.

Very good question………..

Why is there no solid date for the rights offering?

That’s what I call spot on analysis!…… thanks dude!

Could the big increase in price of uranium and the current CEO having work experience in this area have something to do with a better offer for him in this field of mining? Just a thought!

Lockheed Martin is reaching out!…….should be able to evaluate the players simply from the invitation list!……for starters how many are refining?…….what is their process?…….and is it patented?……should be an informative conference…….

For a developing technology being public gives them liquidity that they will need moving forward.
For example the recent offering.
If they start playing games at this point how would that look to our Government partners?

Just a hunch…………

Too bad to see the CO taking another position elsewhere.
What gives you the impression they will go private?

In light of the weak excuse for our new CEO’s sudden departure announcement…….. I have to guess that GA plans for different management (probably already in place) after they take the company private………it’s just business………

https://www.otcmarkets.com/stock/REEMF

https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1900-otcmkts/reemf/153408-rare-element-resources-receives-doe-approval-to-proceed-with-construction-of-rare-earth-processing-and-separation-demonstration-plant.html