Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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I had a visit to Chapeldown two weeks ago, and I can say I was impressed with the setup, product and their vision for the company. I currently have only bought shares via my Lloyds sharedealing account... problem is it doesnt support buying on Aquis market.
Any recommendations for a broker ? Chapel Down looks a good long term bet. Shame I didnt visit at the end of June, when it was sub 30p.
I personally use Hargreaves Lansdown. Not financial advice but I’ve personally been buying hand over fist English wine has such a future ahead of it and Chapel Down are leading the way. With a great macro environment for English wine, a great product, aggressive marketing and planned growth I don’t see what isn’t to love.
Absolutely, they are expanding the number of vineyards they will be using. Some good sponsorship events in the last year, and an upward trend in English wines, in top quality restaurants will only push sales upwards. Would be good to see their wine in further big name outlets, instead of just Waitrose.
Thanks for the HL recommendation Spoony. Ive set up my account and have a fill order in place... cheers.
No worries! Agreed re getting into other shops. It’s good that they’re getting into duty free at airports but I do think at some point they will have to move outside of the exclusively “posh” market. Perhaps once they’ve secured the brand as an up-market go-to they can start looking at distributing further to the masses with their increased output.
I think the last thing Chapel Down want to do is to cheapen the brand image when working so hard to promote it. If anything they want to do more high end offerings. The masses have proseco and cava. There is no way an English wine company could compete against this market as the volumes are far too small. Chapel Down want to compete with the top Champagne houses. Do any of them have offerings for the masses?
No one is suggesting the brand be brought down to the bargain basement shelves, just a wider availability. I did purchase a few bottles of their premium Grand Reserve, which is an exceptional wine. They are ramping up the vinyard acreage, and numbers of third party vineyards, to increase the availability of their entry kevel wines, which will boost the numbers of bottles sold.