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.
News once again well overdue.
I think we will hear plenty here on a number of fronts over the next week.
Lol 😆 🤣 😂 😹 😆 🤣 😂 😹 😆 🤣 😂
Can we create a myth something is going to happen at WN, get me to my entry price and I will sell. Hopefully these clowns will scoop them as part of their buyback programme and I can be rid of this dog for good!
Simon, that would be nice although extremely unlikely.
I agree Simon, big news coming on the Ferrari front.... 😆 🤣 😂
It's all about funding and move WN on, come you pair of sphincters get me to my entry price!
'i have a dream'........no not martin luther. rns will be out shortly following edinboro spectacle. much bull**** with delay after delay being the outcome.
I reckon tomorrow would be a good day for RBD to put out an RNS before their Edinburgh presentstion. But will they have anything new to say, I wonder?
Whilst I hope we have an RNS tomorrow.im not sure we'll get one=a waste of money to host the presentation & no progress at WN. Hope those attending have plenty of rotten fruit to throw.
I've think the RNS will possibly say new Ferrari's have been ordered.... 😆
The two spivs at the helm of Reabold Resources should be driving vehicles that befits their shareholders views of them.
Reliant Robins.
The two useless cretins should have a look at the Deltic Share Price performance instead of thinking about how much they can pocket for themselves at the expense of shareholder's interests. JMO Adyor!
Https://www.lse.co.uk/SharePrice.html?shareprice=DELT&share=Deltic-Energy
A bit of history from a Deltic RNS when RBD were interested in them.
"Reabold is disappointed in Deltic's initial views of the West Newton project and notes that, given the lack of engagement with Reabold, the Deltic Board's "detailed understanding" appears to stem from datasets dating back to 2017, which was prior to the drilling of the West Newton A-2 well. Reabold is surprised that the Deltic Board has noted "serious concerns in relation to the technical viability, materiality and limited potential upside" in relation to West Newton, particularly given the fact that Deltic uses West Newton as an example of a potential analogue of Pensacola in its recent presentation materials and references the significant discovery at West Newton in its own regulatory announcements when referring to Pensacola."
Our 2 cretins showed themselves as the rank amateurs they are with their basket case attempt to buy out Deltic.
Well this should put a rocket under the S.P.
Not bad news at all, but would like the other projects would get a move on. GLA.
The stand out line has got to be "Reabold now holds £9.1m net cash".
More than the market cap...
I hope it is good for the sp but a little early me thinks. I think a major re-rate will only come when Rathlin confirms funding, until then it's all spin to keep investors on the hook. As for drilling "late 2024" - not a hope in hell imo
It's more jam tomorrow & waffle imo.
Most importantly they tell us that funding has still not been finalised which is, quite frankly, a joke.
Itsawrap, once again I completely agree with you. As a feasibility study is being carried out I would expect that to take several month. Work is still being carried out re permits etc. so God only knows how long that will take. A drill this year is just a pipe dream.
I also note SW mentions progress at CS re permits. I assume that includes the early production permit which the lieing toe rag promised by end of 2023 ! The man has no shame & has no right to be a ceo of this company.
Sphincter Williams is on the board at Rathlin, why have they not got funded sorted out yet?
Just what have they been doing - this is not acceptable!
I assume he's also drawing a huge salary from Rathlin for seemingly doing nothing there as well?
Best read what is not said rather than what is with RBD. Any definite news regarding time scales....NO !
The spike in s p will be propped up by buying into treasury following for many more months of decline...JUST WATCH !
Moniman, Williams was the only Rathlin director paid in 2021 & 2022, £36k pa - source 2022 Finals
"The fees paid on behalf of Stephen Williams are received by Reabold Resources plc..."
No surprise there then..is that to service the Ferrari?