Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Am surprised it is so cheap but I have faith in this stock.
yes it will go back up to pre covid levels, no dilution either.
looks as though it may be a couple of rough weeks coming up a lot of the garages now voting for strike action over pay deals.
Only one depot in wales though? .Bus services increasing though.
https://www.wiltshiretimes.co.uk/news/19491623.stagecoach-west-lays-extra-services-passenger-numbers-increase/
Back in the 60’s , did not think we would see this
The rally stopped after the founders sold 2% with the intention to sell a further 20% over the next 10 years and the bear phase started. Are customers back in the buses? I understand SGC is still on some gov support ( though a good thing).
On the one hand we have Boris Johnson pushing a green recovery - so you'd expect public transport to really benefit from that. And maybe it will (eventually) because hardly anyone can afford £30K for an electric car. Not to mention the fact they're crap. And impossible to charge if you live in the top floor of a tower block for example. Plus there's nowhere near enough charging stations across the country, plus it takes hours to charge the damn thing even when you do find a charging station. So there's a lot of plus points for the public transport sector.
The negative points seem mainly to be homeworking and the government's lack of enthusiasm to want to see workers back in the office. Quite the opposite infact, Johnson seems very much in favour of the continuation of permanent change in the way we live our lives, including working from home. Which is bad for the public transport sector and is the reason George Soros is shorting Trainline (he sees homeworking as the new normal).
My view is we need life back as normal. We've got the vaccines, we've taken all the precautions we can possibly take. It's time to say enough's enough and get life back to normal. No masks, no social distancing, no more lockdowns or restrictions. But above all, we have GOT TO GET homeworkers back in the office. It's killing the transport sector and even retailers who rely on the busy lunchtime trade are noticing a severe impact on trade not having those office workers in buying their lunch.
You get the feeling this country is not on the right path whereby we can all enjoy a full and rapid recovery. Hence why so many stocks are lagging with little enthusiasm generally in the markets. Sort it out Johnson.
Don't worry GS - employers will not want to be paying London Weighting to staff who aren't actually in London nor should they - people will start going back pdq when this happens as it surely will down the line - companies are in business to make a profit at the end of the day - I will be looking to add to my holding if this drops much more - I bought in at 74p back in December and sold 20pct of my stake mid 90's a few months ago so I will be looking to buy these shares back - the thing is when I bought my shares at 74p back in December the vaccine had only just been announced, so there was nobody vaccinated and there was mass furloughing - now most of the country is vaccinated and the furlough will finish in September, yet the share price is around 6pct BELOW what it was then - that does not make sense to me
gl dyor etc