Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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If investor and believe in price to 50p & more then will not worry about placing & opportunity have been given to buy at 2.5p
Director Mike Buck buying with own money $25K. Must know he will make good profit from this
I will buy as much as possible and know this will make me even more money then I think before :)
what would be the price tomorrow?
The trouble is - more shares equal less potential upside in most circumstances and after hours as well… still far better placing price than what would have been achievable two months ago and still undervalued longer term imho
Mr hereishopin
I am happy first because I am investor and see how much MATD can do with small placing but bigger potential. Never think will hold just for few day so do not worry about price for few day
Mike Buck buy and am sure he know how much his investment go up because he know how price will move up with all thing happening
Second reason I buy more because I know lots of other people have same idea which will push & push price
Now we know why price held down but now no reason for price hold when this all done & real action start
That is why I am happy :)
LOL!
MB, the brass neck. Fully funded my ar5e! For the rampers on here, Hamm, PT, WiseOwl etc, this is why you should be very careful saying it’ll be this price and that price. I am invested here at an average of 3.5p. Now there’s a fundraise at 2.5p… so back into the red tomorrow.
MB must have been desperately waiting for LP at Heron before doing this. In fact, I’m gobsmacked he’s done it now. Why not wait for LP and SP to rocket before doing a raise? Unless he knows something we don’t and that LP is going to be delayed for some time yet. I mean, why else wouldn’t you wait?
No prospect of LP landing any time soon and hence the reason for a swift fund raise . Feels distinctly like a year ago. No nearer to the golden prize
If MB doesn't put out news in the shortest possible time that the LP has been granted, then he's through for me: in the interview he had clearly claimed that PM was fully funded and now a funding anyway. How fooled can you get?
FFS WiseOwl, MB is investing a paltry $25,000 out of a raise of $4,000,000. Hardly a ringing endorsement. In fact, that must be the bare minimum for a CEO to do when going cap in hand to investors for donations.
MB has mugged us off yet again and we all keep falling for it .
I wonder if the so called blue chip guys sold all the shares knowing there would be placing less than 3.5p?
You want MB to buy full $4M mrDoc??
Maybe you need to take medicine lol
Think $25K show he has confidence so do not say this is bad. Only in your mind sir ;)
Lots of people will rush in to buy share you will see & will include me so I am happy as investor long term & not trader :)
if LP is coming any time soon then why not waiting till the price goes higher before any placing?
something fishy!
What a bbbbassssted!
I will probably add 100k, I sold 200k stupidly at 2p as needed funds at the time, was waiting for the opportunity to add so this is a godsend although a little annoyed as he did say we are fully funded ??
Take my holding back to 500k round number million is rounder but toooo far to stretch
GLA
1p or 2p?
That is the ffuuuukkkiiing Quuesstuon !
Think there will be lots & lots of people also rush to buy mr Furion
Do not think price down long for some reason
Let us see how quickly price go back up :)
****seedd off really.
mother fffffffffffffffffffffffffffffffffffffffffuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuuukkkkkkkkkker.
UNwiseowl - where did I say MB should find $4m? But you are to55ing yourself off over the fact he’s contributing $25,000, lol.
Genuinely interested to hear what some of the more sensible posters like Dozzawba have to say about it this and why they didn’t want for LP if it really is due any day… that to me is the most worrying part of all this. MB should explain that because I am loathe to put more money into this before I know.
But Hamm, I thought this was guaranteed… ‘sit back and enjoy the ride’ wasn’t it?
So surely this isn’t a problem in your eyes?
Hamm - In my dream world, that crook Mike Buck hasn't waited to raise until after LP news so he and Petrovis can get a multi-bagger too...
I don't blame the wise. He is on the same boat as all we are really.
I really believed no placing for some time near.
Did not wait for LP because cash for new licences needed & partnership cost with name renewable partner. Also maybe cover Velociraptor 2 cost.
Very simple & must read RNS mr Doc before pant wetting on BB lol
Well none of us predicted that, not even you clever guys!
no wise owl, please stop telling us rubbish. MB said he is comfortable with the cash.
stop rubbishing us. he could wait till LP granted unless there is no LP in near future.