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.
The three US investors now control over 50% of the shares so the reshuffle should result in a lot of excitement when the deal is closed and suspension lifted hopefully soon.
Are they new holdings or upping existing positions?
https://www.crunchbase.com/organization/tangiers-global-llc
That is the LLC around 50% of free float held?
Cannot see significant dilution as that would be to detriment of their own position.
A shame it doesn’t say what price they paid for those holdings.
Very little free float and only one million market cap so share price could be multiples
However depending on fund raise and price
Really interesring 3 RNs showing large holdings by Us investors and and when suspension lifted should generate a lot of excitement
Shtum for hongkongpooey.
Check back in a while. KTF. Take a shower. Drip dry. Most things come out in the wash. You will still stink mind. Guaranteed.
Anyone with any new information on this ongoing suspension? Was hoping asswipe may be able to shed some light on said situation ??
that the money
Helium gas.
Shares outstanding
32.05M
Float
2.506M
Lots to happen over the next few months. These can go both ways, agreements doesn’t mean deal so it could fall through and we start again. If it progresses then there’ll be a raise of some sort to generate the cash they need for the transaction (or they’ll settle it with new shares and a min holding period). The BOD have a lot of share interest in this, which gives me real confidence that any deal they do will bring considerably shareholder value for existing holders. Whether they crystallises on the day suspensions lifts, or over the next 12 months, I’m looking forward to the ride!
Just a matter now if sitting it out but significant that the shares are on the main market not AIm
Hopefully more information comes from the company and also people on this BB with experience with these suspensions and reverse takeovers as I've not encountered this before in any stock hold.
RNS out shares suspended awaiting reverse take over of very exciting mineral asset in South Africa so pleased topped up last week
They must have been sold off market so awaiting TR1 of who the new buyer is and that will be the really interesting news
How did they sell £8m shares and only release 1 TR1? They cannot have sold them all in one go, they must have been selling in the background for weeks or they’ve transferred some/all off market in which case there should be at least one TR1? Would have like me to see more BOD buys to instil some confidence this is due some good news.
For some reason does not show Rns this afternoon staying that 25 % holder down to zero but who has purchased the stake ? Looking like good news that deal could be very close may be next week as late buys coming in anticipation
news may be incoming
we need a up date
rerate maybe
25% up look good
lets see .
Zak mir said this would be 18p , that was 6 months ago!! I think he's slightly deluded... thoughts welcome
Have you contacted the co or investor relations directly? Agree be good to hear something....anything.
If any of the bord are looking, an update would be nice.
1. Any discussions or identification of targets, areas of focus. Have they changed since inception?
2. Cash at hand, always nice to know. Last update ~364k at 31/1/21.
3. Current shareholder confirmation (do VSA still own 2.58% as stated on website)?
4. Confirmation no outstanding warrants, noting recent expiry of 17mil warrants on 6/9/21.
Thanks
Unless it announces an RTO target, in which case it will be suspended until the acquisition completes (or doesn’t…)
As long as it needs as it’s main market LSE and not AIM
Pitiful trades, and the share price reacts. Incredible.