Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Looks like a tree shake prior to news arriving - astute people maximising their profit…. GLA (nearly there now)
Or just continuing its way south as it has done for a long time now because nothing ever seems to get done.
We’ve gone from getting licenses, to dewatering a mine to now bulk sampling bottom of said mine (which some said we’d never reach) - we’ve sent rock samples off & are waiting to hear of the gold content - just because things move slower than our finances would like doesn’t mean massive progress has not already been made… GLA
You are right in what you say Robbie, but no matter how you dress this up we are back to almost all time lows. Confidence has drained over a long period now. People have got used to years of RNS's full of if's and buts, or maybe's etc etc. The fear is the next one will be no different, full of b******t. There is no way in my opinion that the content of the next announcement will make the sort of reaction on the SP many of us need to consider our options. The usual reaction is either a bit of blue followed swiftly by red , or just red. We need excellent news and lots of it over a short period to improve and sustain the SP to show investors this share is going places, and with the current management unfortunately I don't see this happening.
For once I actually agree with you Tom, that said we are an explorer getting closer & closer to gold - a whiff of gold & the national press will be all over this (plus there is GROC of course) - People will short any perceived vulnerability /delays in a share & then buy back once it hits a low so there is that to consider too…. Whilst I wish we had more updates & George was more realistic with timescales he can’t just make things up as an RNS is a legally binding document therefore he can only announce facts/news as it happens - We will get an RNS between now & Friday morning bet ya ;-)
Late-reported trade 43 from 10:18:19:
27.2m+ at 0.0735p, explains the drop to 0.07/0.08p around that time.
Say that 100 times and you might believe it...
Ignore that request, just done a dummy trade the sells are actually buys (buys are 0.758 ish the sells 0.723 ish)once that 20K sell from this morning is absorbed we’ll be back up - GLA
Sydas, they are buys - try a dummy buy/sell & you’ll see the price (0.0723 to sell, 0.0758 to buy) that initial 20K knocked us down & now we’ve got to absorb that…. GLA
Sdyas,
Individuals aren't going to tell GF whether they are buying or selling and why, GF is in no better position to answer the question than any poster on this board.
When GF has some information to announce, he will do so.
A sea of red, what's with all the selling do they know something we don't hope they are wrong, this company has been a hell to hold, from around a top of 0.50 few years back to a constant slide to a price near the covid low. GF did say March to April for news but it should be available now and the constant delays is scaring people to sell. Come on GF give us the news we been waiting for.
Alot of the trades, showing as sells, are actually buys. Mine at 13.56pm ....2000000 shares is a buy :)
Blimey I guess there is no Gold in those samples they took. What did I miss, are we expecting some bad news to come??
Ffs.Ocelot cheer us up with a spot gold price willyou.
$2,158.46.
GoldnOilDiggger offers a pint, I offer the spot gold price.
Fair play ocelot you make me chuckle, honestly,
this has seemed to be a expensive lesson that ive learnt thousands down never ever again .when i get the chance im off loading and then you will all see the sp tank, ;)
No concerns from what I know. GF doing a good job.
Be blue tomorrow you watch - we dropped because of one large sell (they may have had enough or maybe just desperate for the funds we’ll likely never know) - We still await gold essay results, drone survey results, bulk sampling start date & the waste tip trenching - nothing has changed other than a sell has affected some people’s emotions… Shares go up & down & will mess with your emotions if you allow it (traders depend upon it)… GLA
Never felt more confident in GF and Alba than since yesterday and today, and I've been in a few years. Boy did that mine site look good today and the Welsh air smelt good. That's all from me tonight, oh and some wayward comments lately by some people who have no idea what they are talking about. Just have to laugh at them to be honest..
Hi Scot - were you able to glean anything? Anything you can share? Us lifers would be interested to know… Cheers
Robbie, I can not say, apart from I genuinely have never been more confident now, than I have ever been , and I am at the gold face, so to speak. That's all I can say .
Goodnight All.
Seems like you don’t like what he posts so trying to bully him off and bury his posts on the bored with your speach. You have your opinion he has his no need to attack people over it. If your so upset you can always sell and go…