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.
Podcast from Vox interview with John Meyer, Toby Bradbury was in London, Meyer met him, suggests RMM should be able to re-finance and or do an offtake, surprised stock is suspended, Meyer suggests he is confident RMM will re-list and suggests Transamine will not let Rambler go down.
Interview link, RMM mentioned at 12 mins 20 secs
https://tinyurl.com/bdaf845n
what is amazing was that JM didnt know that they had filed to suspend when he was with TB and TB didnt mention it!
Hes the Nomad!
Clearly a breakdown there
Know0 ,does that mean that a process of sale is going on ?
Doesnt mean anything specific - just a real surprise that JM was not aware of the imminent suspension
Although, the more I think of the timing of the suspension, the more I think it could be a hostile bid
Personally, & if it wasn't for the fact that I have a lot of money tied up in this share. The snippets of info emerging would be very intriguing, and yeah, the detail about the Nomad and the recent meeting is agreed both a bit strange & adds to the lack of clarity.
But still, as a good number of us have put in a large financial commitment. In my case due to the resourse, and the technical turnaround plan.
The financial management ( or seems lack of it) bringing us to this point IMO simply needs that clarity & soon. As it's really been painful for all, and I would prefer it sorted, one way or the other now frankly.
I have almost mentally boxed off my shares here, expecting the worst given the end of month payment looming.
However.....Any news that either sells off the company recouping something for us. Or better still agrees a financial restructuring that ultimately allows the underlying strong assets to be exploited..... Is very much still to be hoped for of course. I can wait and give sensible options time. But there has to be a plan now, or the game is up surely.
Anyhow, I guess regardless of the speculation and info titbits here & elsewhere. We will now have to be find out something concrete very very soon.
Cheers.
Strummer Jones maybe in your interest to join as a number of investors discussing Rambler position:
https://discord.gg/EUjMTNMq