Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Anyone think we can hold in the 0.40s today? For me the cruise liner news on Monday is not just a one off but more of a longer term signal that the business influx is sustainable going forward. Hope the market sees if the way I see it.
Loosegoose,morning yes I think with everything infra has going on atm this is a steal at this low price imho ,med/long term rewards here imho
As long as there is no II's with itchy fingers, I would expect a steady climb to the ML news and Results, we may even get some news on the FSRU partners. But the market is a fickle place and without news we do tend to drift.
Tango,morning yes agree a steady newsflow would help push the price along
Fickle lot these ii's, Tango. Apparent sticky holders but so far, from placing, one has sold out, one has reduced and one has bought more.
The could be enough positivity on " the Vikings are coming" news for another attempt of .45p but to maintain the rise, and hold it above those levels, I think we may need some more substantive news. IMO
Impressive pics of the ships in dock though. Must have created quite a buzz around town.
That must please the powers that be. You know, the ones that make the final desicions on funding, licences and such. ;)
Morning Si- yes I think it is hard not to see the work INFA is doing to help NI business, So should not go un-noticed and any support for INFA will be to the benefit of NI and it's people.
Just noticed yesterdays RNS re. Killik reducing also. Sold 8.7m.
Was a month ago they sold, why they waited for yesterday to post it was a bit curious.
Yes, but we will continue to drift until the BOD deem it necessary to update the market.
a few more buys like that will certainly help..
I know companies that update the market weekly, I am not asking for that but a bit more focus on updating us would be good. ML could be anytime, depends how far they got while in lockdown could be days or months. One thing for sure if aim companies do not drip feed the news/status they go one way, we are actually relying on ourselves for updates- thanks to our ship spotters et al.
Whatamess, I attended the consultation process and asked Daera reps about timeframe and they said they would expect 2-4 months for their recommendation so would be hoping end of July for that, although with everything that has been going on that may have changed.. the ML will be granted imo
and their recommendation goes to the minister for decision.
Yes they will make the recommendation and it will go to Edwin Poots for the final decision
and using state of the art technology to protect the environment.
Correct Speedy.. I would be totally surprised if this project does not get the go ahead!! And regards the strong local opposition to this project, personally from what I've seen many locals support this project and want it to go ahead
I have always been sceptical of these processes, because if you don't mind the project going ahead you are not really going to put that in writing, but if you object you most likely would write to object, ending up with a miss conception that locals don't want the project.. not sure how they handle that, protesters would obviously muster as many objections as humanly possible.
This project is in national interests , although protesters are within their rights to complain I would hope they would be overruled on this.