Andrada Mining acquisition elevates the miner to emerging mid-tier status. Watch the video here.
Let's face it we've read on here all the reasons as to why the SP should go up and all the positive logic seems quixotic when it comes to the actual movement of the SP. So, lets just sit back relax, ignore, go to sleep and when we wakeup in a month or two's time I'm sure we won't be disappointed.
The general strategy of RR is not solely the decision of the CEO. In many ways he's just the rubber stamp. The sooner this nuclear issue is put in a cupboard the sooner the focus goes back to those sectors where RR is leading in and investors will then refocus their concentration and the SP will certainly rise.
The expected timeline for the development of a new vaccine was quite a while but when Covid emerged companies and governments went into top gear in getting those vaccines approved and the industry produced them in an unprecedented time. Likewise, should the govt. sanction RR for their SMRs you will see the GDA process go into an outstanding swiftness towards legitimising production.
Just one factor that no one has focused on and that the possibility that given the past political trend in the Conservative party, Elon Musk may well be a major contributor in their funding. :)
RR is very much in line with the market right now. Given the performance of other companies in my watch-list they are following the trend.
BTW, Biden called Putin a, 'war criminal' but expresses total hypocrisy when it comes to Netanyahu and Israel who he admires and supplies $3.8 billion a year in military aid to maintain their infraction of international law in their illegal military occupation of the Palestine territories.