Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Easy answer buy into both Rainbow may be new in Zimbabwe but have the only Rare Earth production mine
in Africa which recently announced they are to increase production x 20 so they will fund themselves the
Burundi mine has the worlds highest grades 47-67% TREO they are also main market listed
VAST as poster below said B.P mine once in full operation should underpin the market value but one decent
sized coloured Diamond and VAST will be transformed recent finds by other companies Diamonds have been
sold for $11m $14M $25M so the potential for VAST to quickly address its finance's is clear to see we just
need to get signed off up and running then its fingers crossed for some early large stone success GLA
Think the BP asset is worth 2pps on it's own. When the information is delivered this will be re-rated.
VAST could easily do 1.5p and long term 5-10p
Thanks very much. All seems v positive, especially Kefi. Considering adding to that investment. Almost all sounds too good to be true. I’m a gambler and a skeptic - a very odd mix!
The wait is for the Ethiopian Government funding to be signed off....KEFI has poured huge amounts in to get it to this stage and only a matter of time when it does as they get 51% returns. The Saudi feasibility study for 2 mines in the country as they move away from over reliance on oil is another positive the initial samples have already returned positive results. So looking extremely good IMHO.
Interesting Woodaldo. Moshin - what is the finance and Saudi study?!
Kefi has a wonderful asset in Ethiopia, but again its years away from going into production. I'd imagine it will climb on funding and the study, then fall away in time until closer to going to production. Virtually every miner follows this trajectory - buy on hype of big find, sell on realisation that production is miles way and funding is needed (this happened to VAST from .7 to 0.11 this last year), rise on realisation that its about to start producing. That's why at the moment I like VAST so much, production just around the corner with BP, and also the hype of diamond mou. A double whammy. It also helps that with alluvial diamond mining actual production is also just around the corner for diamonds too.
Bunsen KEFI has huge upside potential as does VAST imo. My largest holding is KEFI and the news for finance and Saudi study, which is not too far imo the SP will treble. DYOR.
Bloody hell that president is a joker!
Typo RBW
RRE has gone up by only about 25%
Back up we go, could finish blue at this rate
Interesting. Like I said before - the CEO thinks this is worth far more. Anyone know much about Kefi? Invested there and thinking about selling it
Full ask now to buy 0.37... going to move..
Buyers coming back already. Nice 8m buy just popped up to say hello...
ZBC online reporting the cut in tax on Diamonds has been
confirmed as cut from 15% to 10%
You’d think the rainbow scenario would do something for the Vast SP
Its higher risk - higher reward is very questionable until you know what those licenses contain. Put it this way I highly doubt it will be worth a smigeon of what VAST have at Marange.
Thanks for the info. Sounds like higher risk higher reward. Might keep an eye on it! Don’t think I will top up on Vast though
Bunsen - very big difference with Rainbow and VAST. Rainbow will start exploring and assaying, then they'll need to get money and build processing plants - they are months and months away from actually digging anything up for selling for profit. VAST will have BP up and running around YE - which will instantly start creating profit, and with the diamonds - VAST will go for the alluvials first, they are ready to hit the ground running. They will be bulk sampling as they assay the area - guess what that means they'll be digging up diamonds as they go along proving the area. VAST are also financed to do this. VAST also know what they've got - BP has min 1.8mt resource at 6% Cu, and the diamonds they know what they've got from previous work as AFCR. Rainbow are yet to even prove what they've got. Its like night and day comparison.
Reckon it’s tio late to get in on rainbow?
PREM is having a run too....Maybe the Croc has finally found that pen down the back of the sofa.
The first Zimbabwe Licence has been granted for Rainbow Rare Earths.! and #VAST to follow anytime now! Just bought more