Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Yeh right ;-) Quite an unexpected turn of events today. I could list the positives yet again but you have to be stupid to not realise what's going on here
We weren't expecting that lol
This could be a game changer!
Apart from the massive savings taking our fabrication "in house" the H&W acquisition should allow us to generate revenue in at least the medium term.
Capex savings will totally change equity/debt equation.
Great move politically and socially, economic and jobs!
As long as Arun and team get the funding over the line we are all good imo.
A big company derisking move by JW today
GLA
A Truly master stroke that benefits all concerned!
This is the reason why this company is going places, needs a Times sub to read in full)
https://www.thetimes.co.uk/article/centricas-first-american-gas-shipment-heads-for-france-pgfmj2pjh
I think BoJo is just what was needed in this situation, someone who would stand up for Britain's interests and not be bullied by the faceless beuracrats of the EU, just what Mother Theresa did!!let herself be bullied by those and those in her party who did not want any form of Brexit, ie, Spreadfear Phil to name but one!
Nice to see a blue end to the day, I expect further upward movement tomorrow, this I feel is well overdue for a correction and today's news makes that even more imminent.
Mr T
Don't worry about BoJo we will get a deal!
Agreed, with this level of PR, it's just the start IMO
This will be 3P and holding at that or above very soon IMO.
All aboard the good ship INFA and No icebergs in sight!
It would need to be got in the next 29 days if BoJo is to be believed lol
We can get the eu grant money in this is back to 1p.
Yeah, don't remind me. I topped up @1.948p lol
Got excited :)
Tango........ it actually pushed up to 2.12p briefly in early 2019....but came back down same day to 1.7p.!
Think we about to leave the 40's :)
Agreed speedy, tomorrow will be very interesting I feel
Considering we were over 1.7p early 2019 and where we are today a major correction should be on the cards! IMHO
Triple the normal days volume here today. Obviously people like the news. Once the deal is reported in the papers tomorrow and people digest the news on tv tonight getting home, get ready for the sparks to fly tomorrow ;-} GLA
Thankfully the market likes it , gone blue , lots news to follow
Let's see
It's a yes for me , although I have no choice locked in at 1.14
loads of balls in the air. Needs fubding news to steady market nerves.
Then it'll take off like a tornado jet!
Incredibly audacious move by JW.....potential virtually unlimited.
GLA!!!
The RNS shows what potential INFA holds to become a great company, providing employment in Northern Ireland and security in gas supply for the UK and all of Ireland.
I’m keen to hear the views of Infa stalwarts; Setanta, Dawski and Spud.
Today after this news the company is **** or bust.
Expect a 20 bag or nothing is my opinion
I would say between 0.3 and 3p
The lower end we could perhaps see through a prolonged delay or withdrawal of Vitol and the search for a replacement. I feel the downside is more limited because of the BODs efforts to make this more than a one project company but from a cash flow perspective they need the EU grant monies.
The higher end (I feel 3p a little conservative ) with funding in place and FID taken not later than Q1 2020.
I feel the risks are now very asymmetric with upside reward being much higher than downside pain
Just my thoughts again IMHO
Before the FSRU project and the other project in England and before the recent purchase JW had a price target of 11p, I have no idea now, Wait for the GSA and FID for the projects then work it out, one thing for sure it will be multiples of todays SP if everything goes to plan as it currently seems to be. AIMHO
Another interesting point, There was no leak! that for me is a first. And bodes well for future announcements, keeping traders at bay until we all know. IMO