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 think people underestimate this company. My own opinion is that this will rise soon. Looking at their RNS and the fact they have sold Rigs seems pretty decent. A reasonable punt if you ask me
Anyway each to their own.
Lastly perfect price to buy at.
Have a nice day y'all.
They'll soon have a clean balance sheet with money in the bank and heavy Asian backers. The company is essentially just a shell though with no enterprise value. New name, new industries, new mgmt. No one yet knows what their strategy, business, or structure will be. That's the challenge for shareholders right now.
Like lemmings over the parapet.....no wonder the rich get richer and the poor get poorer.
Sales still shas 2 hurdles , LandOcean Shareholder approval AND Trinidad Government approval....l..
Vike1,
How is this going to help?
Clean balance sheet, after shafting the shareholders!
I’ve been a holder for about 8 years,
30k investment for 1,089,830shares, which are now about £300 pounds.
This consolidation will make my average even higher!
No matter the amount of shares on the new company, I’ll still need the return to be 30k just to breakeven!
I’ll just to wait and see.... New name will just con new investors, as per old shareholders that lost a fortune surely won’t forget!
I held 33,222 shares from 2011.....stupidly missed the boat on tripling my money & what was a £3k investment is now worth penny's £3.98
Everyone got bleed dry here reminds me a lot of Pan Pacific Aggregates now Astar Aggregates Limited
Literally shafted over an oil barrel (empty one)
Hello- I am new to this forum - I have held a company called range resources since 2011. i bought them on the LSE . Until today i forgot i had them and i started to google and came across this forum as i couldn't find the price of them . Reading the thread of posts am i right in thinking they are not called range resources anymore they are called phoenix? if so would my shares have transferred over to that name? I sound stupid i know but i bougth them online on TD Waterhouse and now i cant find their uk webist to try to log into either. If so what price are they trading at please?
Hi
TD Waterhouse were bought out by Interactive Investor. Your account should have been transferred to them with your old ID. Like you I didn't bother with my shares for a few years, but Interactive Investor then changed the conditions and charge £10 a month, they sold some shares to cover this ! So in short you are likely to have less shares than before and be minis credit.