Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Postpone the misery until the end of the day …
Come on Buda, even tiger gotta give this up eventually. If there was a plan it would have been released first thing today. You don’t seriously believe they’re still crossing Ts and dotting Is the with hours to spare…?!
They only positive that can happen from this point is that the Directors request more time. If that was granted that would be a very good sign as they would have to provide compelling proof there was a good reason they need the extra time.
Your second para contradicts the first; it's not over until it's over, which is the end of the day.
That’s just your typical AIM rubbish.
The Directors were concentrating on two possibilities. Neither came off. Agree it’s so poor they cdnt even be bothered to release an RNS weeks or months ago once they knew it would come to nought. AIM Directors treat pis with utter disdain. Just the way it is. There are a handful of opportunities but 99% are either scams or just terribly run companies and end up failing - and retail losing all their money.
I’ve lost just over £11k
Painful but my fault
Thanks Anita 2024, win some lose some,
but,
it is not over yet.
im trying to find out if accounts been submited, as companies house is so slow to update.
e-mailed BDO and await re-ply as my tel-voice is not great,
auditors, BDO, tel, 0161 -8177500.
they will not bite your head of for asking if 2023 accounts been submited.
Last time we where in this situation, ( last day) news landed and we 20 bagged,
i understand it is doom and gloom a bit to day, as the end is near,
BUT,
stay cool,
live to fight another day.
untill 07.30 tomorrow .
gla
How late in the day was the last RNS lifeline announced ?
Maybe update between 11.00-12.00 ITS not over yet
No, afraid someone has already pointed out that the company doesn't have to RNS the fact it's delisting. That will just be announced by LSE at 6.30pm tonight.
We were always clutching at straws, or I was at least. Just lots of wishful thinking. 95% of AIM companies fail and investors lose everything. The whole situation here had already become desperate and this was just a flimsy life line. I think it's now gone. The Directors would have wanted to get this up and running before today had something been in the off'ing.
Thing is, if there is a plan and they just need more time they can easily pick up another cash shell just the way they did ITS. It cost them nothing and they have lost nothing. I'd watch out for these Directors or Baaj picking up another cash shell and maybe look into that. Think that's the next step - assuming there even is a plan for Bodycare.
Yeah it's 100% a gonner.
I'm still confident it will happen. News tomorrow.
Tomorrow is too late.
No it's not. Another month isn't too late if the circumstances are right.
Why go to the lengths of submitting the annual confirmation statement and the share allotment update … if you knew you weren’t likely to file the accounts by the deadline . The latter are far more important as far as Co Hse are concerned…
And don’t forget the brokers do like a mid afternoon completion , so they can share a few glasses and slap one another on the back ! After they’ve divi’d the fees !
Nothing by close today … and I guess that’s then it
Not necessarily
ITS not over yet
They think ITS all over...... it is now!
Someone had to say it.