Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Https://m.youtube.com/watch?v=VarFxIPrwmE
Explained in the M&A section from 19:40 what junior explorers do to get a bid
Thought it might help Quady understand why they say it’s going to production
AAL have rejected a new offer from BHP. I promise that if they offer a quid a share here I won't reject it.
I’d be happy with 99p
Mike Henry is greedy. He is offering an "improved" price of £27,53 (around £29 billions) while the current price is already almost the same.
Add - I’m with you there re the £1
Yes I know that even as PIs we shouldn’t be showing our hand, but after sooooo looong in the waiting, I’ll take it and walk away happy.
It’s a darn site better than 23p for sure ! ;D
Hi Rich
Scott’s comment was ill thought out but he sees it as irrelevant as it would never be accepted anyway
Hi DBW - I hear you mate, and I’m certainly hoping that the vast majority of shareholders would never, ever accept anything like a measly 23p bid. Atb
Henry's trying to be too cute. He won't win with the current structure. If Glencore want this, BHP have conveniently given details of what AAL won't accept, thus making the task easier for Glencore to assess and to price a more attractive offer. BHP would then have to either abandon their offer or rip-up the current one and start from scratch. So far Henry's not played this well.
Heard the same about Scott also others like Nick and Bob really bullish now. All pulling together for the next period
Haven't they been pulling together for the last 15 months?
Time to get a plan sorted / funded / communicated.
Because the current lack of news / "trust us we're working on plenty in the background" is wearing a little thin.
If they do its their loss RICH...
Not a surprise that Add feels he knows the BHP deal better than the company making the offer. 🤦♂️🤣
"Because the current lack of news / "trust us we're working on plenty in the background" is wearing a little thin."
Yes, thinner than Nana's wafer thin ham, it's almost translucent.
SH, well it's really going well for them so far, isn't it. The offer has been rejected out of hand and market analysts have said it doesn't stand a chance. So am I far off the mark? Come back when you've read a bit more.
Just ignore the twat, he’s only after an argument
It won't matter what anyone reads, add, you'll always be the most correct. Promise... 🙄
Just for clarity, do you think you understand BHP's bid process better or less well than Henry? Do you think the head of one of the biggest companies in the world might know a tiny, tiny bit more than you? Or is your neighbour a more successful business person than Henry?
Great input from slug as ever. Clearly thirsty for comment after a weekend of getting his bottom handed to him.
So what I said was wrong was it? Did I make up the fact the bid's been rejected out of hand? Was I wrong to suggest Glencore, should they be interested, are now in the position of knowing what isn't acceptable to AAL, which gives them an advantage?
I suppose it's possible you haven't read a single article about the situation since BHP first bid, in fact it's blindingly obvious you haven't.
But I have? Do you know what I've read better than me?!
You're the gift that keeps giving. You have no concept of how you sound when you make your ridiculous claims literally zero self awareness. Ask someone you know whether a total amateur from a random internet BB should pretend to have a better handle on a multi-billion TO than the person leading the company making the TO. They'll start to guide you to some self awareness...
Who on earth said I know better?
You're sounding more and more like your Aussie mate - ignorant, petulant and above all stupid, as you so ably demonstrated over the past couple of weeks. Time for you to grow up a bit.
So, to be clear, Henry understands the process better than you? Let's start there.
Henry has a reputation for ballsing these things up ever since the Oz Minerals acquisition. He's not anywhere near the Cutifanis and Glasenbergs of days gone by.
If I can do it, anyone can. Just filter the twat
He’s the sort of bloke you’d just stick the nut on in a pub and that would be that.
Sadly we can’t on here so the only way to deal with such a pest is not give it the argument it wants
As a former antagoniser myself, I can assure you all that lack of bite will frustrate it more than any response ever can.
What makes you think it’s a bloke 1984 ? What if she was a voluptuous blue eyed blonde woman would you nut her then 😂😂😂
55p someday soon!!!but after today's update from AAL and BHP I’d be more confident in double 👍
Haha novice!
I won’t answer that, I might called misogynist or some other daft woke label
Wouldn't be the Solg BB without slug pretending he's hard. Lovely stuff- predicable as clockwork.
Just good to have add take a moment to reflect.
"Henry's trying to be too cute. He won't win with the current structure."
This from a man who doesn't make definitive statements... I think it is safe to say that the boss of BHP kn