Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Started: Dom-Bella, 22 Feb 2022 11:29
Last post: Dom-Bella, 22 Feb 2022 11:29
You would be buying at 16p today under 1p then 0.96p .
Last post: Trader258, 5 May 2021 10:04
Very bullish going forward.
For anyone below who continued to hold- well done
I've been trying to buy into this for 2 weeks.
All I get is a message saying unable to place. Or suspended. But I see trades being made.
Any tips
Started: fawadbarlas, 5 May 2020 11:01
Last post: fawadbarlas, 19 May 2020 14:30
Yes all the research lead to this conclusion....
Will load up more of this and wait for backwardation to happen.
I had a message from Hargreaves Lansdown about the erratic performance of oil ETF's and in short it said that as the market is so volatile the ETF prices are based upon the price of future contracts expiring which are often at present well below the oil spot price. So that said, if the oil prices start to stabilise with demand increase this should start to perform more inline with its stated aim, so at the moment it is hard to accurately predict what the ETF will do until this time is reached.
Will it ever recover to likes of 25-30 ?
The underlying index is up by 7% and LOIL is up by 22%..
It is normal behaviour of leveraged ETF but question is will it recover to 30USD? and what WTI needs to surge by.
Your thoughts please.
Started: Dom-Bella, 6 May 2020 14:36
Last post: fawadbarlas, 6 May 2020 14:56
Hope so.
Let’s hope not as much as the end of April again
Started: Dom-Bella, 5 May 2020 08:42
Last post: Dom-Bella, 5 May 2020 08:42
Goldman Sachs raised its estimate for WTI Crude prices in 2021 to $51.38 per barrel from $48.50, expecting a gradual recovery in global oil demand and production cuts from OPEC+ and shut-ins elsewhere to support oil prices next year.
Started: Dom-Bella, 5 May 2020 00:31
Last post: Dom-Bella, 5 May 2020 00:31
WTI crude rose nearly 7% to above $21 a barrel while Brent added as much as 5.5% to $27.90 a barrel. Oil is pushing back up now .
Last post: Dom-Bella, 1 May 2020 11:16
With country’s starting to open up and less oil pumping out of the ground, we will have a nice steady rise back to 3 dollars
Started: Dom-Bella, 27 Apr 2020 19:59
Last post: Dom-Bella, 27 Apr 2020 19:59
0.96 good price for a entry into LOIL
Started: robertalexander, 22 Apr 2020 13:35
Last post: robertalexander, 22 Apr 2020 13:35
Risking it for a biscuit. Bought 100 shares and stuffing them in the bottom drawer. Hopefully I won't lose £160 (can live without it but hope it won't come to that) the upside at some point (in the distant future) it may prove to be a good decision.
Started: stirfry13, 21 Apr 2020 17:48
Last post: stirfry13, 21 Apr 2020 17:48
will be interesting to see where this goes overnight and where it opens tomorrow. USO has fallen further since we closed in London.
Started: Dom-Bella, 21 Apr 2020 15:02
Last post: Dom-Bella, 21 Apr 2020 15:02
1.40
Started: Dom-Bella, 21 Apr 2020 13:25
Last post: Dom-Bella, 21 Apr 2020 14:12
Down we go then
Dom, this oilprice article suggests most holding is now full
https://oilprice.com/Energy/Oil-Prices/Brent-Crude-Oil-Prices-Fall-20-In-Early-Trading-As-Panic-Sweeps-The-Market.html
Let’s see what happens this afternoon, yesterday dropped like a stone . The problem is June will not pick up, the futures are already down . Also after trump fills up etc , where are you putting the next lot of oil .
Started: robertalexander, 21 Apr 2020 13:35
Last post: stirfry13, 21 Apr 2020 13:44
robert - that is my worry too, either I get wiped out or worse. The WisdomTree website says that Loil is a leveraged version/track of the Bloomberg WTI crude subindex, which is well into positive territory, but I still don't really know how that subindex is itself calculated.
Can this etf go negative or if it hits zero do you just lose all. Ie thinking of trying to get low(bottom would be nice but no idea where that is) and leaving them in the bottom drawer for when normality (of sorts) returns.
Started: Alexios, 21 Apr 2020 12:06
Last post: stirfry13, 21 Apr 2020 13:18
that's what we're here for draft! Just don't fancy it turning negative on me in the meantime - is that even possible?
who cares - itll probably be 20 after a year and all this virus mess is over
But how low will LOIL go? Looks like 1.5 was a great entry but will it go even lower over next week or two?
Oil etf if you fancy a bit of adrenaline rush