Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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0.95 paid.....what's driving this rise in the last week or two?
Simple as that
Yeah you guessed it.....full ask paid there
Easy. Wow. My average is 29.72p but only after averaging down when the company re-listed. I bought an extra 65k shares at 1.5p taking my total to 75k shares. the original 10k shares were of course almost completely worthless and even the new ones are 60% down.
It borders on criminality what went on here, but we are where we are and all we can hope for is to get something back. Certainly not expecting to recover anything like the +£22k losses currently incurred.
You can't help wondering if a "take it private" stitch up will come in just prior to a stonking RNS, finally killing off any hopes LTHs may have had.
Really sticks in your craw when year after year you see directors stating they only have their shareholders' interests at heart.
I need £3.05 in my S&S a/c and £4.95 overall sipp included for break even, what do you guys recon my chances are... 🤔 lol
The management is Colin Bird plus one or two, can't see them finding 2 or 3 million to buy it , hopefully it could be a sale of one of the assets
Their assets are valued way over
mgt buyout?
Full ask....paid again.
Full ask paid there.
I see this on lse gainers board a few days recently(ish).... and glance in and see it has doubled in June so far now .. although from an awfully low base, granted .. so it could just be punting in hope / noise etc
Or is that you buying Mr Zap... now that you might be in the know on all birdy things.. unlikely I'll touch this with a barge poll, in fairness.. but never say never in this game :-)
Zaks charts....https://www.youtube.com/watch?v=SYDaNv3KwlQ&t=398s
Coming in here and INHC, KRPZ all 3 look ready to seriously breakout upwards
Bring My Reward
Paddwah
Magpies
Trojan
No breakdown of Directors remuneration, just £48k to the highest, 3 guesses required! Total Directors remuneration circa £97k.
Glad the Directors are making money cos no one else is.
Statement, repeated from previuos reports, don't expect Royalty payment until hell freezes over! (a bit of literary licence). No indication of how shareholders will benefit!
Came from BMR, shareholder certificate framed and put in smallest room, cost more to sell than what it's worth!
Tbh this share is so low now a few of us to club together and do a buy out. And then we can do what the management should have done and turn it into a shell while waiting for royalties. I'm sure we could sell all of their recent projects/licencing, sack the board and rid them of their wages and the go private as a dormant co. awaiting future royalties... Just a thought haha
Here***
Even the management know it's bad when they hide financial results in an after close RNS. Either a very long term hold and hope, or a sell and count your losses. Extremely poor showing -- and to think this relisted at ~3pps. How this Board gets funded I have no idea, and am genuinely only hear as a consequence of BMR and am quite stubborn about it!
Nick0212, you are right about the"Royalty" however I have never seen in reading/writing how shareholders will benefit. We should keep reminding them but as I have said in the past, snowball in hell's chance!
Funding, share price reaction says it all!
Bought more for a laugh. Over a million of these now at 65% down (from BMR days). Looking forward to never letting this company forget we're due something for royalties from JLP at some point. Re funding, wtf knows. This is a dog of a share.
They used to call them pickpockets in Victorian tines.
Expect good news followed by a share issue that only insiders can participate in. Pretty standard for companies like this.
0.62/70
atm