Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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That saying springs to mind here I don't know why ?
Where is tb? why did the ceo cut and run? why the review if its going well? i think the fat lady is on the last verse imho
Good Morning Andrew. The whereabouts of tb I do not know tis immaterial really. Mr Day was an Ozzy from Oz so he went back. It's all distraction if you think about it. When things start to quieten down like they are and they are indeed looking for staff you have to just watch the SP. Give me your prediction of SGZ getting back to £1 say 2 to 1 maybe evens ?
2 to 1 or evens to get back to £1? Very poor odds at the moment, no?
Material uncertainty, continuation entirely dependent on ore and grades, the constantly poor cash position, wrecked credibility and so on.
IF the report (still don't know who is doing it or when it is due for completion) maps out a viable route forward to full production (LOL!!!!!) and phase 2 (LOL!!!!!) then maybe a decent rise will be on the cards. Any other conclusion and they've pretty much already told us it's curtains.
George before betting on how high the share price would go, it might be prudent to bet on whether they’ll be a company to have a price first. What’s the odds on suspension, administration and frozen share price to restructure the business? I’d take a punt on that perhaps
As for the people MIA. It’s relevant as they were some of the largest proponents of the scheme and now appear to have abandoned ship. Which tells its own story.
The story about the gold pour on the company's linkedin page a couple of weeks ago drew a couple of comments about Scotgold owing them thousands and not paying their bills.
The comments were subsequently removed.
Were they true? Are they still true? Or were the comments written by troublemakers?
Who is to say?
Will having had £8k left in the bank shortly be viewed as the good old days? How many lorries are turning left out the mine these days? Or is it right?