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 am having difficulty finding the Company's website and am wondering if any official statement has been made by the Company regarding the present state of affairs. Anyone know, please?
Nothing mentioned. I checked the investor section of their website for any updates over the last few days, but nothing so far. It's getting to the point where the stock price is so far detached from reality that it is beyond ridiculous and you'd be hoping for some sort of update. 3 weeks today that the merger took place and still no shares. I also feel that the issuing of shares to existing investors has been made deliberately slowly.
https://investors.spectral-ai.com/
We need to collectively lobby the board and fill in FCA and SEC forms in relation to concerns.
Surely if easily manipulated south this can also be manipulated in our favour?!
I remain positive about the company over longer term and don’t have my life pot in this but
It's a good idea. I keep thinking, give it one more day as I expect that any given day the price could surge. Or perhaps see what happens when we actually receive our shares.
If anyone gets a response from Vincent or another person at Spectral please share to keep everyone updated. Likewise in terms of receiving shares.
Perhaps if there is no update or significant upward movement in share price by end of this week or next we could have a date in mind to act as a small group. Might carry a bit more weight than many individual requests.
They may also have started an investigation into what is going on, but companies need to be careful legally what they can say, so may take some time to hear an update. Also, the share price may suddenly correct and burn the shorts.
Https://www.voxmarkets.co.uk/articles/vadim-alexandre-discusses-n4-pharma-and-spetral-md-c884227
Thanks for the Vox markets interview link.
In the interview he mentions a discounted placing at $4.5 per share?
How do we track these news items is it just via company website or is these something similar to RNS on NASDAQ?
I swear UK markets are more straight forward even with all the shenanigans. Never again for me investing in a small company on US markets, especially SPACS! Its a jungle compared even to AIM, total lawlessness.
The placing was on the day they listed under new name but it was only for just over $3m
I’ve got my shares as thought which confirms to me the shorts were being closed yesterday
Thanks!
I can’t find a news article about this $3 million placing anywhere. And why such a deep discount at $4.5