Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Oh come on ---- it has to be a buy here sub .50
Unfortunately it doesn't, ( I'm not saying its overvalued, but it's fallen into the 20s before and with sentiment low anything is possible.
I took some more. my money is on a bounce from here!
Goodluck,
I remain on the fence for now.
Yes was in the 20's but will only get anywhere near that level if the project collapses!! Most unlikely imo, in fact a million to one!!
Bounce coming very soon.
Mr T
Mr T, your obviously more clued up on Infa than I am and its not my intention to come on here deramping a share that I'm not invested in, but I have been invested in the past and with the price at these levels I am looking to re enter but markets are very fickle atm and volumes are low, with that in mind I remain a watcher ( if I miss out my loss) but I wish you luck .
I agree. The odds of a move up from here are in our favour!
AA,
When in the 20's prior, the company was nowhere near where it is today in respect of the project, currently we are in a quiet period and I agree no positive news between now and September, or so we believe, however I don't believe the sp will sink that low.
Good luck with your re entry.
Mr T
MrT given the musings and words we have heard to date I personally think news of a funding partner and structure has a similar likelihood of being announced tomorrow as it could be next week or month.
At current levels and at such a low valuation it would be transformational and I’d expect the gap up on open to be immense. Despondency and impatience are generally at the detriment to most PIs. As I stated earlier, I will continue to add at these levels.
IMHO this is now at the traders level so expect some manipulation.
It’s worth reviewing some of the latest interviews.
https://m.youtube.com/watch?v=bgThyc6Y6QU
And additionally
https://m.youtube.com/watch?v=GWmhE67amlk
Hiya Tidd, enjoying the sun?
You may be correct but the market currently thinks no news for the foreseeable?
I personally think September onwards will be the catalyst for the newsflow, I also predict the news will be Company making and the sp will reflect this.
In the meanwhile we will have to make do with being entertained by the knowledge? Aka Mitch me old mucker
He never did reply to my query in respect of his complaint??
Perhaps he didn't complain he made it all up!?
If not perhaps he may enlighten us? Instead of rambling on about his so forecasts?
To be honest I'm surprised those forecasts are so high, wrong button on the old adder upper ?
Mr T
Evening MrT, don’t mind the sunshine but the heat is a little intense for me personally how about yourself?
We shall see what occurs in terms of timelines, that being said we are only 5 weeks away from September anyway even if my assumption was wrong. Not long to wait at all, at these levels I’d expect to start seeing some people posturing at these levels.
I think we can all agree there is next to nothing priced in.