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 there's no news they cannot bring news! I'm sure they will as and when they have some, I believe they are working hard to get something for all concerned... This is long term not short. So you have to be patient
I agree that if there is no news there is no news. But LR has been very very quiet. Why won’t he come out and say.... I am looking at various options and talking with a number of parties with the view to......
News can take many forms, not just the big stuff. Maybe we're talking to various parties, but also updates from the Toral site. Like we've drilled so much or analysed so much, soft stuff to show work is ongoing. Instead the silence is deafening. This is such basic stuff and so easy, so why's he gone to ground?
Well still none of the BOD have bought shares even at this level, so what does that tell you another life styling company for LR at our expense!
Well I am going to stick with it nothing to lose now, let's hope it picks up. Not confident though!!!
Think I am with you chez! Already £3.5kdown on paper, what’s another £500!
Yeah a couple of nights down the pub!! Let's hope some news comes very soon or there will not be anything left.
I like to know how much time hes spending on his other business interests while the share price goes down the pan.
I’m dreading the..pleased to announce placing rns appearing at these low prices. Not that he’s caring since he has no shares.
Oiltap didn't he take the share in exchange for salary?
If LR had also bought his shares with his hard earned cash like most of us small shareholders he would be more committed to this business. I am of the view that we need a leader who will be committed to EUZ cos it's obvious LR is more committed to BZT
My point is if the company was having a healthy cash flow LR would have taken his salary n wouldn't have bought the shares. Its only because there is no money then he opted for the shares. Im not saying CB is better than LR but i remember when he was appointed chairman he already had 50 million shares in EUZ.
Lol! Always making excuses - wouldn’t surprise me if you (oiltap) or brickssa are LR!
The greatest mistake that was made was not to inform us as investors about the Aussies regulation that prevented the publishing of economics in the first place, then we were given a geological report (without the economics) tittle a scoping study.
I think most of the investors started losing faith at that point. Secondly he had months to look for funding before delisting on ASX.
I wouldn't be surprised if one of his associates buys 35% stock at this low price to trigger a mandatory offer and take over the company for peanuts. If one takes time to really look at this one might begin to believe LR destroyed the SP intentionally. This guy has been in business for 16 years he can't be making such silly mistakes
Lol !!! I am the prince of dorkness !!
Jokes aside guys....something is brewing...My gut feel...We have been told on numerous occasions that Toral has already been drilled "like a pin cushion"....indicated to inferred JORC would be the sling shot imo....and maybe just maybe they can pull it off without further drilling or funding. My opinion only and I am definitely not LR and you can check on Linked IN I am linked in with him and Dirty Willy can vouch for me :-)
Hope your correct bricks for all our sakes. Got another payment going in my sipp tommorow so maybe add a few more.
I suspect maybe CB would fund the "inferred to Indicated" bit himself via a small loan to EUZ or in exchange for a few shares...:-) so why look for additional funding if it is available in house ? I also believe that this piece of work is their priority at the moment and will be the next bit of news....The revised Jorc that is and not a funding RNS.
Bobby £55k ouch, but at the end of the day it’s all relative and we are all way under water.
I suspect there is a buyer in the background, could be wrong. Time will tell!
@Bobby...I believe LR can do a lot to sort this out....The problem we have is that NPV of $110M is NOT being recognized by the whole world.....as it is based on inferred resource. All standards that I have checked has stated that NPV in Scoping Study is only "bankable" on indicated or preferably measured.. So the sooner he gets us to this point the better.....forget about the market price and current SP....focus on moving to indicated.