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Is the Bull Market over? Andre Minassian says no! Watch here

Is the Bull Market over? Andre Minassian says no!


Rare Earth Minerals Share Chat (REM)



Share Price: 0.535Bid: 0.53Ask: 0.54Change: 0.00 (0.00%)No Movement on Rare Earth Min
Spread: 0.01Spread as %: 1.89%Open: 0.535High: 0.535Low: 0.53Yesterday’s Close: 0.535


Share Discussion for Rare Earth Minerals


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ffsapa
Posts: 759
Off Topic
Opinion:No Opinion
Price:0.535
RE: Birimain defaults
Today 11:39
Here's an interesting post by one of the well-respected members of HC community:

https://hotcopper.com.au/threads/ann-termination-of-loi-for-the-sale-of-the-bougouni-project.3178340/page-85?post_id=22073936#.WIXpIIWcHWM

"Agreed.

Everyone is excited and quoting the section of the announcement relating to an intent to go to production. But we've heard that several times before (most memorably WW at the AGM).

If management were so keen to get to production why did they accept an offer for $107m?
- Where is a new director with mining experience who can get us to production
- Where are the JVs?
- Where are the BOAs?

SS will surely come this week now the offer has EXPIRED.... drilling results way overdue but will again 'coincidentally' be released shortly after the expiry of the offer.

I believe in the resource and Kevin's ability... but that's where my faith ends. The opportunity cost holding BGS has been monumental and my investment has gone backwards in a market where it should've skyrocketed.

Despite this well-worded announcement I won't be having the wool pulled over my eyes - management should have had actual negotiators (MM, etc) arranging this deal - instead it was an absolute rushed farce with no care for shareholders best interests or the share price."
 
tomcat-14
Posts: 2,689
Off Topic
Opinion:Strong Buy
Price:0.535
RE: Birimain defaults
Today 10:40
but reading between the lines... in testing the veracity of the offer... it could also have been a case of birimain playing... call your bluff...
London74
Posts: 867
Off Topic
Opinion:No Opinion
Price:0.535
RE: sp
Today 09:15
well shock horror we're red ...... is better so. Every time this goes blue I am having unjustified heart pulsations and excitement is being superceeded by dissapointment.
tomcat-14
Posts: 2,689
Off Topic
Opinion:Strong Buy
Price:0.535
View Thread (2)
RE: Birimain defaults
Today 09:12
rns says regulatory protocols prevented cash transfer by deadline... but it does make you wonder why they didn't just grant an extension to cover the time required to get through the red tape that whatever lawyers were advising on the deal didn't know about...
Barksy1
Posts: 16,261
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.53
RE: Birimain defaults
Today 08:31
Mingriu didn't raise funds for deal, just like us with tesla. Wonder if another will be put forward.
torchy663
Posts: 7,985
Off Topic
Opinion:No Opinion
Price:0.53
View Thread (2)
sp
Today 08:27
well shock horror we're red........is Rem in some sort of coma
Barksy1
Posts: 16,261
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:0.545
.
Today 08:01
Novm haven't got any shares at the bell?
gfb258
Posts: 3,673
Off Topic
Opinion:No Opinion
Price:0.545
doh
Today 07:52
seen not sene :(
gfb258
Posts: 3,673
Off Topic
Opinion:No Opinion
Price:0.545
View Thread (4)
RE: alternative facts
Today 07:50
Morming all R emmies, Probably my only post of the day, so here goes, I DO NOT WHAT TO READ ANY TRUMP RELATED TOPICS HERE, 24/7 ON THE NEWS IS ENOUGH, sorry for shouting, anyway, let the yanks get on with it,as having sene that very experienced politician Madonna rant about bombing the White House, it just shows the farce that it is.
right time for a valium and a cuppa.
steveho
Posts: 5,838
Off Topic
Opinion:No Opinion
Price:0.545
RE: Birimain defaults
Today 07:49
Perhaps there are better prospects to get to market ?

Somewhat larger prospects they may want to participate in




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