Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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All shareholders are equal but some are clearly a lot more equal.
Must admit I thought they could have got it away at a higher price - let’s see where we end up. Certainly won’t be selling with the JORC and mets round the corner.
We don't need childish contributions like that Harrison thanks. MBT I wouldn't go that quite that far, 'oversubscribed', and well over 100% above the last placing reflects progress but yes I'm very disappointed. Everything was pointing towards EUZ having 'everything they need' to move this project on. LR saying he wants stability in the SP - well a placing at 28% is a funny way of going about that. I have to eat some humble pie to the de-rampers who picked up on the hints that more drilling would be required after the assay results, I just firmly believed that someone else would be doing it. DB manoeuvers have proved the PI is trying to invest in this market with not one but two hands tied behind their back, I've got to be careful here but the institution is clearly managing their funds with privileged information over the PI - sickening. Finally, if it was oversubscribed then the placing price could surely have been slightly higher so more incompetence - idiots!
I mean, this is it. The ultimate goal is the mets and JORC, not too far off.
But this management are not going to win fans and he's got some brass neck doing it on the eve of a presentation. I really hope he gets his collar felt. He'll no doubt have a list of plausible-appeasing reasons but they need a swift verbal clout about how someone obviously couldn't keep their mouths shut. The Big Boy/City collusion on AIM is always at the expense of smaller holders (that these BODs see as pure daytraders).
My question tonight would be . Why place before the JORC which we could get in under a month . Hiw much if that million was needed to keep the lights o. between now and then ?
Just gonna have to our nerve, it’s very disappointing they know the asset is sound and want to make as much money out of it as possible.
JORC and mets will improve the outlook. See what Oiltap has to see say. I will sell other stock to buy here. I do feel sorry for loyal holders.
According to Vox, he can't make tonight, will be rescheduled.
That was a given.
Letter to FCA should definitely go out then. I think we need to take a combined stand against this nonsense.
If this doesn’t qualify for a full investigation, then it makes you wonder what would.
I'm not pretending to be anything but livid but I guess LR could argue the last campaign has delivered a 150% platform in terms of the last placing level. Maybe the copper was just too good not to go after. One comfort is that EUZ are different from most AIM companies in that this money won't disappear in salaries and will be 100% targetted at building the proven resource. I just can't see how anyone could make a case that PI's have been treated on a level playing field to the institutions - yes we know that's the case in all FTSE markets but has it ever been laid more bare?
Feels like we have just been mugged.....and we are in the payout queue.......LR getting his cronies in via the backdoor again.....should be ashamed of himself !!!
Now that hurts, explains why all the unexpected selling happened, unfortunately I will now finally have to look for an exit strategy as I no longer trust the BOD to look after the PI interests, GLA
just over 0.2 to sel what a ****ing joke we need to call him
Well I'm not happy with this at all and the tactics/ share dealing over the last few weeks to a month is highly questionable. Basically makes AIM uninvestible for a PI and this is my last one ever!
Placing price is a joke... a not very funny one
No wonder my broker wouldnt deal in this stock.
Saved me from buying more. Still 75% down though.
I will live by my previous statement, worse share ever uncested in, corrupt but calling them names wont worry them either