Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Rose From 3p to 33p+ (max 38p) happen around Oct 2016 - Jan 2017 with little push higher thru Feb/March.
Maybe recalculate number of shares sir!
Now we have full field development target 7,000-9000 bbl a day & HIGHER OIL PRICE with all other development have not even mention in this post because understand need to keep SIMPLE!
Why you think I BUILD UP holding & IGNORE little price move in meantime - be Wise š¦
I help you with research mr Professional because think all know you like little bit of disinformation yes?
- x 3.47 more share in issue now (287,494,775 v 1.1bn) approx
Oil price - about $74.5 bbl now / then about $54.25 bbl
Then no where near PRODUCTION / REVENUE - now moving into Production / revenue AND with DQE partnership on table for LOW COST / FAST TRACK
Then all rest of things
Reason why I pick MATD as main holding from all other Aim gambler stocks. Also reason I build up holding level & keep focus on INVESTMENT.
I have full confidence last push to 33p+ will be easily pass in next 12 months - my opinion!
Be WISE š¦
Did not say next 6 week even if this happen before AND can happen again with large Buyer entry to major step development progress.
Will keep my OPINION to next 12 month timeframe just to stop nit pick & focus away from INVESTMENT!
PRODUCTION / REVENUE make big difference in financing ability / terms / flexibility and with higher share price.
Do not show suck lack of intelligence Mr Professional.
Be Wise š¤
Should start to move up in anticipation for the news..
It's like a horse racing . š hurdles one after another.
Stressful game this is.
This is why I look forward to major development move into PRODUCTION / REVENUE which start to attract bigger INVESTOR / FUNDS and push traders to side.
Best opportunity is before this happen which I take š¦
This is why I just focus on INVESTMENT and put in bigger position here - Revenue mean PRICE INCREASE!
Important RNS due soon mean door open to multiple progress steps to Revenue - again mean PRICE INCREASE.
This is why I am happy to stay in investment with bigger position to let it develop for bigger ROI.
Very simple & stress free strategy that focus on Investment & not worry about not hokding when RNS come.
"Soon" since 19th Dec so really can come any day - whenever I will be holding š¦
Expecting this to climb to 6p by end of month on anticipated RNS news of permit being signed off and matd to go onto production
Yeah - but once the LP is signed and production start confirmed I expect this to climb much higher.
Cybertron, maybe. But if it rumbles on into February, do you then expect it to fall back?
Forever the optimist Doc! LOL
Nice to see BUYs today š
Header say lot about how price can move (I expect higher) - even sneaky trader cannot risk to be out with every day closer to MAJOR RNS / BREAKOUT.
(Think he is little trader with little capital so must work hard on BB lol).
Focus on investment always. Nothing change from few day ago but people understand RNS is so important to unlock VALUE and every day CLOSER!
Like I did say start of UPTREND in Dec / Jan and with RNS Uncertainty ā”ļø Certainty which attract BIGGER INVESTOR for LONG POSITIONS ā”ļø INVESTOR FOCUS.
Maybe I stop posting soon or maybe post much less. I hold for bigger picture so make no difference to me. I like to post INTEL to help investor on BB but company will DEVELOP / GROW if I post or not.
We have focus on this to keep it simple - 7,000-9,000 bbl a day Just from Heron / Transformational RNS soon.
BUT
Other discussion about Petro China takeover offer / Mongolian Govt IOM meeting will make this explode soon on BB forums soo after I think!
World Economic Forum in Davos this week with Prime Minister personal attendance.
My position is big one here and did take me time to build it up - i did this for very good reasons & much much research - this is how serious investors understand how little traders will always be little lol.
Be Wise & focus on INVESTMENT BASIC š¦
Annual festival (Naadam) in July lol
Tsagaan Sar is weekend holiday Sat to Mon (10th-12th Feb).
š¦
Thanks as always WOS for the update on holidays - good news