Wow good call man wish I opened this thread up sooner
You think there is still much growth potential or did we miss the huge jump?
Please know that I do not give investment advice and due diligence is required.
I've followed Ramaco for about a year now and it's extremely cool to know they are headquartered in Lexington.
There is plenty to be optimistic about, as Ramaco has been working on the REE project at the Brook Mine in Wyoming for about a year.
You might take the time to read the reports and news releases on the Ramaco website. Some of the information is technical, but you will see that the projections are very promising. They just cut the ribbon on the developmental mine last Friday. It is anticipated that full production will be in place within two (2) years.
If you read the pieces above ... MP in less than a week received Federal assistance and AAPL also just invested in their project.
There are no guarantees, but there is a good chance that the same thing might happen with Ramaco and its Brook Mine.
Repeating: There are no guarantees, but this certainly could happen. If that happens in the near future, I suspect the price will react strongly.
However, some of the anticipation is priced into the stock now. You have to make your own decisions, of course, but the long-term future looks bright and many have said that operational metrics at full production could bring a $7,000,000,000 valuation for Ramaco, Under current share ownership, that would be a price over $100 on the METC shares. METCB shares are designed to distribute earnings from the revenue stream, so they are a different animal. Rightly or wrongly, I own 60% more METC shares than METCB shares. I wanted to own both. I didn't know what to do, really ...
Explanations of the difference between can be found on the Ramaco website.
GOOD LUCK in whatever you decide,
Here are some things you might read, in addition to watching the videos above and reading releases on the Ramaco website:
U.S. Energy Secretary Chris Wright was in Ranchester, Wyoming, on Friday for the ribbon cutting to open the first U.S. rare earth mine in 70 years. He…
cowboystatedaily.com
To answer your question ... you will have to decide, but I do not think it is too late to get into the stock, assuming you are willing to be patient and consider it a longer-term hold. It will take
TIME for the Brook Mine to get up to full production, but don't forget that Ramaco will sell the coal, also, along with trying to develop alternative uses for the coal. Lastly, MP REE ore contains radioactive material, it being from hard rock, whereas Ramaco's Brook Mine is carbonaceous ore (essentially soft coal) and is
NOT RADIOACTIVE ... also Ramaco will process the ore from the ground all the way to market. MP, a much larger company right now, has to send its ore to China for processing. Huge advantage for Ramaco.
Make a point to read the FLUOR PEA Report that is available on the RAMACO website., but here it is:
Take a look at the Board of Directors and the Chief Operating Officers ... pretty impressive folks !!
Also, talk with investment advisors that you trust.
GOOD LUCK to you !!
ramacoresources.com
