Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Whilst I'm not a fan of getting over-excited due to coronavirus related applications for SNG*.......for those who ARE more interested in that - this is probably the RNS, from a long time ago, that spells out the potential here in that regard: https://investegate.co.uk/synairgen-plc--sng-/rns/positive-viral-pneumonia-study-results/201111250700217477S/
(* because I'm ultimately much more interested in the fact one of the biggest problems for the NHS, and globally, is the over-prescription of anti-biotics, and proof that inhaled interferon beta works could be a game-changer, that leads to people being tested for viruses, and then being prescribed this anti-viral instead of an antibiotic that will do nothing. Thereby significantly improving the outcome for patients and significantly reducing the use of anti-biotics - which I can't see as being anything other than incredibly appealing to GPs/Doctors/Trusts/NHS/Governments).
She is holding out, whilst the market is being slaughtered.
Actually surprised it is not rising .
Trial results due soon and the links with what is happening worldwide should not go un noticed.
It has risen a little bit today (buying back up to 16.41p).
However, you've got to remember, that in these market crashes (which this is now - over 10% lost from the FTSE in a week), often almost everything gets hit, regardless of the potential direct impact on the stock in question.
Staying level (or in rare cases, with good news, rising) is a sign of high strength for any company, meaning very few people want to offload, even in the midst of a crash, and there's probably even still good buying, absorbing the buying from the few who are selling (and/or those forced/required to sell, as a result of things like margin calls, due to falls in other shares elsewhere).
Markets should decide they've had enough panic selling before too long, as the virus is concerning (to an extent), but being priced in for quite significant impact levels.
The other thing to factor in, is that a lot of stocks on the main indexes have been being artificially inflated by things like the yanks version of QE, that shall not be called QE. Pro's and amateurs alike knew they just had to buy a bundle of things on those markets being artificially inflated and they'd probably make money regardless of company performance. So many would argue a big drop has been overdue on the main indices and the virus just happens to have given the markets enough of a nudge to start it.
The Dow needs to come down to 17. I know my sweeping statement appears frightening. At 17 the Dow is still sat pretty.
Our market is relatively strong. Predictive indication in 1999 was a Ftse of 7000. As far as I concerned we have been pricing in for along time now.
It's not quite as "BS" as the yank market (and often people mistake a rising FTSE for UK strength - when it's often actually the opposite - due to earnings from abroad).
But yeah, the americans have been inflating their markets via the fed, on top of companies further artificially inflating things with buybacks based on cheap debt, also from a suppressed interest rate via the fed.
I'd say it is/was an accident waiting to happen.....but that would imply it's unintentional.....which it isn't.
I'd have shorted it a long time ago.....if the problem was it wasn't going to keep rising and rising because of these actions.
Which makes it hard to short, without being prepared to be significantly underwater for potentially a long long period of time, before it all came tumbling down. Thus, it doesn't suffer from the corrective pressure of shorting, as that's a risk not many would take.
We haven't crashed yet. I remember 16th October 1987 when the ftse 100 dropped from 2500 to 2000 in 2 days. Sng, she is holding her own.
The ftse 100 is likely to go back to 5900/6000 year 2005 levels.
From an a understanding of economy. Absolutely amazed what is going on at the moment.
10% in less than a week is a crash by most definitions. It might not be the worst ever but it is what it is.
Going to be bargains galore if the virus ends up being reasonably contained in the end (as all previous ones were). At the moment it's too hard to know which way it'll go.
The stockmarket crash of 16th October 1987 was proper. I suggest the recent falls are a warning for crash proper.
I am taking cover here.
Maybe.
As I say, I understand the viewpoint the US market in particular is well overcooked (and agree)...... however companies/governments/markets/banks etc have a remarkable habit of perpetuating the bubbles. There are more agendas that align with keeping them propped up than crashing.
So whilst you could take it as a warning for a bigger crash.....there's every chance that crash is avoided, again, through more fudging/diddling/whatever-you-want-to-call it.
One of the best financial quotes was from old Mr Keynes......"The market can remain irrational longer than you can remain solvent".
Coming back to the FTSE.....I reckon there's a good chance of a bit more pain yet as I expect the current corona fuss to drag on for a little while yet (even if it is essentially contained relatively well in the end).
Another saying is watch out for the rabbits because we can see the elephants coming.
Sng appears bullet proof
Will you stop trying to jinx things!
Here come the elephants :)
Should be very good for a nice run now.
There's been a lot of churn around the 16-17p mark and we must have exhausted all the potential sellers again so now moving up.
They move it up and generate a good batch of selling without altering the price.
Almost certainly has to be large buy orders in the background they're trying to fill.
There ya go, one drops in now, for 175k.