Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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From what I have heard the only strong asset this company has is it's brand. I can't see how TED can avoid administration in the next 18 months at this stage. If this happens it will be highly likely to be snapped up by a competitor. But this will not benefit shareholders. For me this is a company I want to love, I just don't have any reason to take this position. I can't see the company being bought out it's in too weak a position. The only hope that may make sense is for a competitor to offer a placement in their supply chain such as online distribution or brand Installation in exchange for share placement/rights issue.
For anyone reading this administration $hite, Oceanpassage is a well known shorter on this - check his history.
TED is not going into administration.
GLA.
I have held no short positions in this stock. What you are saying is in no way true.
KSH how do you substantiate your claim TED can avoid administration?
" From what I have heard the only strong asset this company has is it's brand"
heard?...
"For me this is a company I want to love, I just don't have any reason to take this position"
well disappear then ....
you sound like a bloke that hates Abba but then sits and suffers by listening to them day and day out
Go and do something useful ...instead of wasting your time here
poker chips - more like an insurance auction for a written off classic Porsche 911. I guess want to see how bad the damage is before making a bit.
I take it that there is no defense against administration.
" I take it that there is no defense against administration. "
stop being an idiot......come back when you think your admin is imminent..in the mean time try looking for a life
I personally can't see how it can be avoided. And I also see no substantiated view to address this issue.