Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Why has the share price collapsed over the last 12 months?
Because markets are driven by sentiment. Why else? Eventually the fundamentals catch up so I'm not worried. It's like Buffett once said, the stock market is a mechanism to transfer money from the impatient to the patient
Ok BP
False spike to 2p
Delay in equity partner
Placing at 1.2p
No EU grant
Realisation of only draft marine licence
Baseline studies req
Raising equity at lower and lower levels
Bridging loan allowing H&W acquisition
Massive dilution to fund acquisition
Riverfort conversions
Been fairly crap tbf lol
But IF you believe the II invested at .3p expecting a ROI this is a great opportunity to average down
Quantum
You are ignoring the strong possibility of decent revenue generating contracts from H&W
Speedy,
I trusted JW, the BOD and their 2019 plans and look where that got me!
You suggest a return to previous highs in 2020. I will ignore the 98p high back in the early days, that would be preposterous, but let's wind back the clock a short 12 months - do you really see a return this year to 2p+ (I agree with Spud that this was a false spike, but JW was bragging at that time, so let's stick with it), given the number of shares now in issue?
Should i hold off buying then until share consolidation has been done?
Any share consolidation won't change the mcap so don't know what you mean?
Can't see this getting to 2p until H&W revenue and profit revealed. Bwtfdik
Personally, I've never held a share where a consolidation has worked out in favour of those the held. It just gave more room to take it lower.
An equivalent sp today, in proportion to last years high and allowing for the enlarged issue, would be .53p
*that held.
And 2p would give a Mcap of £74m.
Spud,
Obviously I do believe that the institutional investors moved in at 0.3p in expectation of a return, but as I have posited prior, I would expect most of them to bail long before the share price approaches 1p, never mind 2p. Of course, the act of bailing will send the share price back down again, hence my previous reference to the yo-yo effect. Different institutions will work to different parameters, but I would expect some to start to move at 0.5p, if not earlier - a 67% return in what could (hopefully!) be a short period of time would satisfy their clients.
Morning Si, I was holding Dragon oil back in the nineties, consolidation was the turning point as far as market cap goes. Noticed by the big boys! Bought out by Shell if I remember correctly. I'm all for it, just happy to keep topping up at these low prices, can't see this holding for long, once HW get moving and noticed. GLA
Morning pacman, of course there are exceptions where it has been favourable. Just saying that, in my experience, it never has.
Obviously, just held the wrong shares. :(
And, also, sold the wrong shares in some instances. lol
QUANTUMSTAR i take it your not invested here ?
I see there's a few ninnies skulking around here lately, doing anything they can to try and scare off investors. Well remember people, truly terrible companies never have any trolls posting on their boards. His point about H&W not being near producing its first EOY accounts is a laughably stupid point, considering the EOY accounts for INFA have only just been released, and the acquisition only just been made.
I'd suggest he's a paid shill but tbh if I were going to pay someone to deramp a company I'd get someone who could actually post convincingly
Agreed Razor Shultz. There’s a fair bit of Infa bashing going on under false pretences, mostly by a handful of locals who don’t want the project in their vicinity and are using green/commercial concerns as decoys for their real reason. They are vile on twitter, with gifs showing violence towards Infa and liberal use of abusive language. That they are deploying multiple tactics only goes to show the potential that Infa have, especially now with H&W in the mix. Attempts to scare investors with blatant lies and fudged up tales is not only unethical but also patronising, condescending and frankly, desperate.
Hi Guys, there may be posters here “paid” to deramp infa, don’t forget there could also be “paid” rampers. Regarding a “handful” of local concerned residents against the gas storage project (for transparency, I am one), infa own emails show more than a few residents, see link here:
https://twitter.com/leesadee_imagee/status/1215175307512176640?s=12
& I only represent one group of north islanders who would have to live with the disruption, potential risks & environmental harm for what we see as an unnecessary project. I don’t agree I’m “vile” on twitter, I also do not post violent gifs or use abusive language, please check my twitter account.
One question I keep asking that goes unanswered is if there is such an urgent need for more gas storage in the UK, why hasn’t the Preesall project gone ahead? 15 salt caverns, all permissions in place (including the marine license) & already located in GB for GB market (no need to reverse flow the SNIP). Island of Ireland has 3 gas interconnectors, so security of gas supply secure here. Why did Halite sell to Cheshire Energy in 2018? Why hasn’t Cheshire Energy started construction if such a need & huge potential for financial rewards?
Not a lie and no fudged up tale, please research Preesall ...
Lisa as others on twitter have already stated, you have blocked anyone who attempts to answer your questions, so are you surprised you don't get answers? Your posts and that of the other nimbys are beyond tedious due to their repetitive nature and your failure to accept opinion that is not in line with your own. The answer to your question is staring you right in the face, you just choose not to see it or do but just like to goad
Halite energy stated on the press in November 2019 that Drilling of the salt caverns and laying of the brine outfall pipe is expected to begin in the summer of 2020. so what’s your point - it’s going ahead as I’m sure you well know and are in contact with the protesters over there!!
Halite chief executive Keith Budinger says the brine proposals has been given the green light by the Environment Agency, Natural England, and the Marine Management Organisation, and says similar projects in other parts of the world have not caused problems.
He adds that the gas storage scheme itself and and the brine operation will be carried out to exacting specifications.
As reported in November 2019 and it was on the BBC
Why should we know and we care about Halite and Preesall? We are not shareholders of either.
Instead of asking the question repeatedly, why don't you provide some answers? Have you looked at the geology or the economics or even the capacities and the capex for those defined capacities?
I am also presuming that you don't care that our caverns can be utilised for hydrogen storage, which will, inevitably be the fuel of choice in due course.
You were perfectly fine in a world without Twitter. So why go onto Twitter and post and increase your own carbon footprint? Do you really NEED it?
Come on Leesadee, get real.
Hi Droderick
https://www.fleetwoodtoday.co.uk/news/environment/delays-to-gas-scheme-brine-pipe-confirmed-1-8963287
Presall CAPEX is double islandmagee fwiw