Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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If you look at the posting history of all the gushingly positive people on here, they are all new and have less than 5 posts, all CTEA. There's very little evidence behind what they are saying and certainly no commercial reason for the spike. I feel this has been a targeted ramping exercise in order to get some people their money back. Even if a potential customer picked up the phone to CTEA after a brief TV interview, they are still 3 months away from securing a deal out of it. This news of government tenders is all misleading rubbish.
I was a fan of CTEA but grew disillusioned by their ability to only secure 1 client since the app was finished, despite much interest. That hasn't changed yet. They are still an interesting prospect in the long term but i guarantee you this time next week, the price will be lower than it is now. It could be in that place by this time on Tuesday.
Accuse me of deramping all you wish. I no longer hold any shares, i just want to protect people who are being drawn in from a Twitter misinformation campaign and the hype on this board. The Higgs sold 10% of this company because of the lack of activity, lack of news and lack of email response to investors. None of that has changed. Buyer beware DYOR GLA Hope I am wrong but i doubt it. You'll know i speak the truth, when you see lots of nearly empty new threads being started in order to push this down before tomorrow morning. Watch.
But its not a gusher. And my motives are simple. I posted a lot on this board, for quite a while and tried to add something to the community. It's bordering on criminal, what is happening here today. the outright lies about 'Zak Mir says 16p', 'RNS imminent' etc. and these new accounts posting today as if they all know whats going on. All likely the same person.
This will crash very soon as there is no substance to the rise. All these new accounts will never be seen again.
As predicted a bunch of new threads by new posters, pushing this down. This is a pump and dump. Do not fall for it. Look at the history of the people posting and decide.
DG73 such a transparent sore loser, you lost your balls and sold, and missed out on the rise. Get over it and move on.
I have a feeling I'll be proved right today. Am hoping some of the good people on this board don't get sucked in. Also the damage you are doing to CTEA in the long term is awful.
Hurtling downward as the rampers get out. This was a co-ordinated pump and dump. Hope not many were taken in.
Am sorry I was right. Feel bad for decent shareholders and the company itself. At least we know who the pumpers are. Unless they are busy deleting all their twitter posts - 'Zak Mir 16p' 'US TV' 'RNS due' etc.
Very disappointed, I got caught out and now in £2.5K red, it did cross my mind the people who hyping up the sp and then would drop but didn't cross my mind that people on this board were out only for themselves.
Bought all the cheapies. Jumnah mubarak all see you next week
So where is this heading in your opinion DG73
In the long term it should see 10p, but I am talking months. They have struggled to secure clients beyond their own existing network and there is a limited window of opportunity for them to capitalise, before someone else does. I'm out a couple of weeks ago, but fully intend to get back in if I hear good news at the AGM at end of September. Suspect SP will stagnate a bit for next 2 or 3 weeks though. It took them 8 weeks to put out 1 RNS saying they had 1 client (who was already their partner). I know its negative but i still think this share has potential if some people can stop using it as their personal football.