Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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I must admit i really do not understand the vitriol and quite frankly vicousness that goes on on these BB;s No one should suffer the abuse that GRH has had to suffer and besides the game is not yet over. If you like in Rugby parlance we are one try 7-0 down coming into the second third of the match. YEs i am down about 1/3 on my investment but that is all 1/3. I have not lost a third just down a third. It will be a loss if i cashed the whole lot in now.
The investors make their own decisions helped on the way by others who know a hell of a lot more about these things that i do but in the end of the day it is my money my decision and me who pushes to buy or sell. Others will advise me and i am far more likely to listen to rationed argument.
There are some on here who if invested in the company are completely bonkers. Those are the ones who think the company is a sham and the directors a bunch of shysters. Why are they bonkers mainly because i see no reason to be invested in a company if i thought it was a sham and the Dirs shysters. So why are they on this board. I do not waste my time or money on companies where i do not trust the directors and think it is a sham. Hence why i sold up on one company and took my medicine and blame myself i had suspicions about the Directors but did not listen to my own jungles drums. My fault my moey. When we hit the end of phase 3 drilling (end of match) maybe even phase two as that i think will decide phase 3 then you can shout about how great you are if you have won the match. Personally i do not go around gloating in other peoples failures. I have far better things to do.GLA, we have not lost yet just 7-0 down on the scoreboard and a lot of try line pressure. Come on England.
Ibiza
Was right with you until you evoked the England rugby team to be the one initiating the comeback.
Alas, with Borthwick they couldn't lave their own boots and worry about Saturday (particularly as I live in Scotland when not in London)!
Noting early.even Nigel seems to have turned positive.
Mistakes made but preference for Sandjet clear from outset. So let us see what it produces. May even buy a few more
I’m not a big rugby fan but don’t understand the apparent antipathy of so many England rugby fans towards Borthwick; if it wasn’t for one very dodgy decision just before the end against SA we could easily have won the World Cup last autumn!
James, you have more than sufficient neurone density to comprehensively understand investment and therefore complex risk. I would prefer the term 'positive but with awareness of future risk'.
There is a turning point in every company, often multi-modal and not always Northwards!
I'm a big fan of Bayes, Huygens and less mathematically, Buffet.
Nigel
Thanks, I think that is a compliment!
You equally know I hope I was being tongue in cheek.
Since posting initially, I've often said geology ensures nothing is a slam dunk.
The research of GRH/KeithOz/Methodology and many others do point to possible positives that indicate interesting upside potential.
There is a Bayes centre at the University here - I was more stats and econometrics, when I wasn't being distracted by rugby and socialising.
It was actually James, I used to implore the cognitively less fortunate and those with normal incomes to try and remain clear of this type of gambling but eventually accepted that free will exists and there is nothing that one can do to help. The prospectus is clear that complex risk exists and that only certain investors should ideally be involved.
Unfortunately certain types cultivate followers for their own ends and the results are sorry to see: an endless stream of broken LTH's across a disparate range of mostly AIM companies.
Dilution of personal responsibility facilitated by directed groupthink is the usual cause of horrendous losses and fruitless anger.
Spot on again Nigel.
If more people heeded your advice instead of listening to the biggest egos on this site they could be in a better financial state.
Echo chamber Lemmings are sadly rampant in these parts. Way out of their depth in these shark infested waters.
@Anti_Venom - Thanks for reminding me about Nigels perspective on things.
@Nigel
I was in Morocco last month and I saw these gas cans when I was out one day.
https://twitter.com/Therealgranit/status/1760773212797862384
I could not help but think of what you would say when you saw this. Yup, there is no military escort from Rabat guarding them and while you might be able to forgive that because the military can’t be everywhere, what I’m certain you think is unforgiveable is that there is only one tree standing guard. Where is the forest I hear you ask, one tree is not enough even though it is a stoic looking tree. I did speak to the shop keeper on your behalf to explain your keen logic but he said he is not fluent in gibberish.
Pretty stoic looking tree there, Granit. I certainly wouldn't be messing around with those gas bottles.
Not fluent in gibberish. ROFL 🤣👍
No tree becomes rooted and sturdy unless many a wind assails it. For by its very tossing it tightens its grip and plants its roots more securely; the fragile trees are those that have grown in a sunny allotment alongside turnips.
Seneca and Hbob