Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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yep.looks like its still on the right track,there seems to be quite a few deals going around just lately for tungsten deals,must be due to the rarity of the mineral I guesss...gl.......
Looks good for them now going forward
Confirmation rns .
Missed them big buys today,interesting after sells all week.
Hi Vic, This quite normal as this is an illiquid share. The obvious sign is the very large spread @ 20-22% this hides any trades within this range. That is the risk you take here as if you buy you pay a premium so you have to see the price move by at least 20% just to break even. GL
Possible takeover imho.
As per my original post on 30 Sept, same thing is happening again, in that, today's price on FT, TD & HL websites have been showing 18% fall in share price but LSE shows no movement. Any ideas? Very misleading and very confusing.
on this is horrible. 2.25p bid price when share price is 2.80p. WTF!
Nice buy there,good price,well done
Tick up,comon should be worth a least 4p!!.
Thanks my friend hope so Betty chillin atm ,got back late.
looks like a gud day for ya m8...gl....... and betty.lol......
LOVELY GLAD AM IN SHOULD SEE A NICE RISE!!!,AND JUST BACK FROM MY HOLS !!.
Farm out deal.
price on FT, Reuters and Aurum websites have been showing 14% fall in SP for first couple of hurs on Monday morning, but LSE shows no movement. Why / how does that happen? very misleading.
When do you expect tailings to start?.
Some buys today i see,interesting.
I see a lot of reports this morning on the Spanish economy booming atm,looks good on the manufacturing side too,this will help Aur at a guess .gla.
Load up!,Load up!,its coming !!.
Hi ooleum, The reason is the stock is an illiquid share....the MM's simply do not want to hold the stock in any quantity. This is because there are too few trades therefore it is not worth their while. If you look at the history of the stock going back 3 years it will give you a clearer picture. If for any reason they get wind of some likely news or as previously people started to ramp the share and a tipsheet then they will temporarily acquire shares maybe from an insider/institution reduce the spread because the MM's have obtained additional shares to sell. Once these shares have been marked up and sold, they will widen the spread to reduce the demand and cover the risk. I am not trying to de-ramp the share but explain what i believe is or has happened. It can sometimes work in your favour if there is some very good news will move the share up quickly, but the danger is that you can easily get locked in. If you believe in the company and are a long term investor then if what you believe happens then you will be ok. Good luck.....this is my humble opinion for what is worth...
Think so but,as carlo says news end of month should see a rerate here
Is the large spread just due to lack of interest?
We need an rns here to send it up my friend.,when d you think its coming??.