Rainbow Rare Earths discuss progress and continued flowsheet optimisation at Phalaborwa Project. Watch the interview here.
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Rob, if we get a chance to buy at 6p, 10% of my Ave I will be doubling up as a minimum to protect? my initial investment, will take my Ave to 35p, triple up I think puts me at 25p. Gut feeling we open at 10-12p but wtfdik.
Let's just hope over the next 12mths more data comes out and or interest from other parties.
I won’t be piling in but will keep the shares until the summer and re-review then.
If the science was that good, I can’t see why a big pharma would have purchased dddd out of admin. However future results might confirm its good - so who knows.
I’m unsure what results are due over the next year, but will need to check if any milestone payments are due - or potential breakthrough results - otherwise I presume another possible dilution in 12 months.
I also don’t trust the board to run the conpany - hope they step down and and appoint competent people to run the company.
But the biggest one for me is how the company is going to fund itself after 12 months - this will decide if i stay or sell during the summer.
only half been following this but do have some dddd as totally believe in the science. are people piling in again when it re lists?
4D for you and me
We're holding tight till we hit our b/e
Me too. Hold for gold so to speak
When should dddd be back up n running at 6p
TIA
It’s a no brainier to hold, never been anything wrong with the clinical data just the funding. All or nothing for me!!.
I'm holding to
My DDDD and LBPS are now showing back in my H&L account with my initial investment figure. This was blank before meeting.
Just a matter of time now. I'm holding until I break even (x10 @ 6p OR bust)
I know that’s the calculation- I’m just trying to steel myself for worse, if everyone is just going to sell immediately. Still much better than zero which is what I mentally valued this at for the last few months
I suspect 6p is a pretty safe bet, but who knows.
What price is it likely to open at once it’s relisted?
We waited around 7 months
Let’s wait another few weeks and see what happens
So far so good
It did. All in the RNS. Relist after court approval. A couple of weeks probably.
Presume vote was carried
I looked on the 4D web site but can not find today's vote results, they redirect to Link & 4D or DDDD does not come up on their search.
So we looking around another 2-3 weeks to see what happens next
presumably, the company now needs to exit administration before re-listing... info in previous RNS as below:
The $15 million equity component of the Fundraising is subject to the Shareholders' approval of the Resolutions, the Company's exit from administration and the lifting of the suspension of the Ordinary Shares on AIM. The Resolutions will also allow for the conversion of the existing secured indebtedness into equity.
As soon as practicable following passing of the Resolutions at the General Meeting, the Joint Administrators intend to make an application to the court to be listed for a hearing on an urgent basis to approve the Company's exit from administration. Provided the court approves the listing on an urgent basis, it is expected that the hearing will be within approximately two weeks of passing on the Resolutions. Should the court approve the exit from administration, the Joint Administrators will vacate ofce (and the Board of Directors will resume their full authority) following receipt and nalisation of the court order which would be expected to be within two days of the court hearing.
Did anyone attend the meeting, if so would be grateful for any snippets.
Someone said it will relist tomorrow not sure where they plucked that info out ?
But at least we know that it’s moving in a positive direction
Yet to see what we will re list at hmmmmm
Wooster, I don't think any date for re-admission was given in the December RNS. Obviously, there's a ton of paperwork to be completed but i expect that we will get some anticipated timings soon.
have they given a relist date?
In my records I've written the shares down to NIL so should be in profit soon lol
Sweet let’s see what comes next ……
ALL resolutions passed.
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