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 don’t get why this is sinking after the positive distribution news?
Agree. This Company also operates in a Sector that the Government is actively progressing, as per the Health Ministers interview on BBC this morning.
I contacted Sativa a couple of weeks ago to query the continual decline in the SP. The response was non committal.
Basis the fact that my 31/01/20 Buy is still showing as a Sell alongside this sharp, illogical decline in the SATI SP, I will be contacting the FCA.
I would imagine some people connected have made plenty of money from the share price volatility since the company was launched. I see nothing positive now if the first mover advantage which was always highlighted counts for very little.
Because it’s ‘Snake Oil’, and always has been.
Stupid expensive, driven by ‘magic ‘healing properties, which the medical profession regard as fake and dangerous.
Mugs are born every day!
CBD is not snake oil, but it is expensive, and the british public is still very wary.
This is the long game, not a quick flip on CBD... They are (the only listed) company that are really building the foundations to be the ones to capitalise on the changes to the legal framework surrounding cannabis in the UK.
The share price of this company will be up and down like a yoyo over the next 5-10 years.
I know people who have bought this stuff, and they both say “It’s a con!” Pay £80 for a tiny jar - like a miniature marmalade pot you get on your table at hotels abroad...!
Even the press referred to it as Snake Oil...
Nothing proven, nothing trusted.
The whole business is a con...all IMO, of course.
It sounds like you know all about the endocannabanoid system in your body, and anandamide, that your body produces and how CBD interacts with that? These arent hippy claims, do some research and come back with any questions. You have cannabanoids in your body right now.
Granted, there needs to be much more research, and its really expensive at the moment, but once the south african and south american harvests kick in this year/next year the costs should drop (and once a lot of CBD compaines go bust)
Sativa isnt a CBD company though... thats just one operating company. admittedly their recent news isnt great, and its very early in the UK sector, but it isnt going anywhere and they are well placed to capitalise, it will be very tightly regulated in the UK and if they play their cards right they end up one of a chosen few, and it is that that will be valuable.
My view is to sit back and watch what happens dip in and out over the next few years and try and time it right. this is long term gambling not investing
Long term gambling, and not investing. I concur.
However, Doctor(medical) pals say no way any Govt is going to endorse this game as they don’t want the blame for another Thalidomide scenario, which was dreadful for all concerned. It takes a lot of guts to OK such a product without extensive research and testing which hasn’t been done yet. A 10 year punt.....a one trick pony !