Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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The incident involving the Alaska Max 9 is reverberating this morning. The Boeing 737 Max series can be configured internally to an airlines requirement re the number of seats. The only problem is when an airline wants to squash the passengers in they reach a number where the FAA/CAA require additional access doors. Boeing design the aircraft with this in mind and in the Alaska case because with the seating configuration they use the number of passengers they accommodate is below the threshold requiring a further access door they plug the gap with a permanently closed “door” Obviously Rya. want to squash as many in as possible so the extra door is used as such. The aircraft was new so obviously fatigue is not a problem. I would think the latching of the permanent plug will become a focus point. Finding the door is important. Now this incident should not affect Rya but it will.
Sloopy
you appear to be slow on the uptake.
as already posted looks like this could present a very good buying opportunity. Do you believe I should sit on the sidelines and await on a possible Rights Issue being raised by Ryanair at a 45% discount. Before you answer bear in min that Ryanair anticipating €2 billion plus profits in coming year.
As I mentioned recently you haven’t got the balls. What is it with you anyway. Out of your last dozen posts only one is on a bb where you say you own shares. Are you with the Brummie sea hunt in a care home with SFA to do?
Not good. Time to get out while you can. Shares are risky enough without this kind of stuff added to the mix. Nobody knows how big a fall for RYA this time but for sure will deter big investors going forward. Investors hate uncertainty. Seems the 737 Max has had a lot of problems. All those 737 Max planes that O'Leary bought will be a big liability for RYA one day.
Only drop of 1.77% this morning so market's confidence in Uncle Mikey only slightly dented.
When the Doomster posts it is time to get out then it is a racing certainty that then is the time to get in as the market and the Doomster are the best example of 100% negative correlation.