Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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We have a small improvement in the SP & a further expansion of the 'INFA' workforce based on the numbers reported on LinkedIn & advertising for new positions.
Surely news should be breaking soon if so 'Time to Buy'?
Some good large buy trades and MMs are moving prices up, 3 of them.
Chrisatrdg In relation to your 11.39 post I note that yesterday ThisTimeNextYeer made reference to a post on Facebook that Belfast is getting a third crane. I wonder what they are expecting why they need a third crane unless one of the two existing ones is being retired.
Not sure stokey12 I guess an addition which bodes well for the future.
Don't get excited until the touch widens. At this low level, a tight spread indicates that one or more MMs has a large seller.
Stokey (11.58). Although from the photo the new crane is a fair size, it's still a tiddler compared to the Samson & Goliath cranes, so it wouldn't go close to replacing either of them.
My thoughts are that it could be for the BDD as it only currently has 2 Henson cranes servicing it, and not the gantry type cranes like Samson & Goliath on the BBD. (The new crane is a gantry type like S & G).
I'm encouraged to see this new gantry crane coming as it would have been quite an expensive article and you don't incur expenditure like that unless there's a very good reason. We just don't know what the reason (or contract) is yet.
Remember the new welding machine came into H & W Belfast recently too and the fanfare they made of that. That wasn't purchased for no reason either !
There's definitely something afoot and i believe we're going to find out very soon.
TTNY, yes would think we will find out soon why it was purchased. Do you know if it's new or a reconditioned crane?
ThisTimeNextYeer In relation to your 17.09 post something is definitely as in this Linkedin post https://www.linkedin.com/feed/update/urn:li:activity:6806575867116982272/ some engineering vacancies are being advertised. Of most interest is the one for a Naval Engineer. Why would they need one or more of those?
I don't know anything about it Drango whether it's new, reconditioned, etc.
Have a look at the Harland & Wolff Facebook page. They've a photo of it there with over 600 comments on it re the naming of it. Some of them are quite funny.
Sorry this may be a stupid question but what do you use a gantry crane for and why would you use a Henson crane instead of a gantry crane?
Stokey, mostly for the reach I would imagine. They can swing things into position from elsewhere. Although they can both be on wheels/tracks a gantry may be able to carry a larger dead weight as its supported at both ends.
Just my thoughts, not a liftologist. :)
https://www.geograph.org.uk/stuff/list.php?label=Henson+Cranes&gridref=J3676
Stokey,for shipbuilding I think
Fill yer boots boys. Here's some nite time reading on those gantry cranes . . . or big metal lifty things Si ;-)
https://www.mazzellacompanies.com/learning-center/gantry-cranes-different-types-design/