Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
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Overman I don t think ceiling cat posted anything very inaccurate and was a helpful and useful point of reference for technical points about the company Be honest with yourself if you had listened more to what he was saying and spent less time automatically disagreeing with all he said wouldn't you be a lot better off now ? Legends as you say he may only have one share - but it is presently worth just as much as your or my entire holdings
Mr Bob I never trusted the cat he is a seasoned professional I decided to stop in till the end time will tell if xel was a fraud what's gone has gone
Overstretched, try using a few commas and full stops.
Yet you have never been able to articulate why. I have always been open and honest here. That you think I'm a seasoned professional makes me know you've no idea what you're talking about. I'm just a 40 something PI who has no more clue than anyone else about what's going on, but I am able to understand when people make stuff up, lie and distort the facts. In future, should you hang around other share boards, you would do well to listen to dissenting opinion rather than dismissing anything that you don't agree with out of hand. Not everyone who has a different opinion has an ulterior motive or is in the pay of hedge funds, bondholders or market makers. Neither are they always shorting the share. You may recall the man people were fawning over a couple of months back, crazyhorse69, telling you all what you wanted to hear about how a deal was imminent and good news was on the way. All with absolutely no substance, and look what happened. Successful investors do well with good solid research, and not listening to rumour with dubious provenance. I am not your enemy, but my goodness do you make it hard for me to take you seriously overman.
Imo the problem is that there is, finally, a substantive proven asset. The pity is management has proven completely incapable of starting or selling it for even partial production despite having two options for same, even seemingly laying out a big boy plan that no one seems to want that is 1/2 the cost of the adjacent sto mariner project.
Don't be too tough on Overman CC, I feel he was swept along by the likes of Marthasson ,Legends , Carla & Takahe plus few other delusional posters. He no doubt saw the likes of you & I as a threat as we were barracked by the above Boiler ganag ,that IMO , he had no part of, but still believed in this company. To be fair why would he not, I did but did not swallolow all the guff, which to honest was mainly promoted by legends or should we re name him 360. Hi Overman hope things are good as can be expected with your self, hope your wife i recovering . Regarding CC, you have read him wrong, I'm 100% confident that he was not a shorter of any sort ...ever, if he did at the end good luck to him, in fact good luck to anyone who managed to ...very dicey game there though & CC is not stupid guy,so I doubt he did. Lets concentrate on the Liquidators findings, I will be quite interested 'If' they do investigate the Bod, highly unlikely ...but we'll have to wait & hope.
With the countdown to the expiry of both chadwick and bentley leases they need to move fast to try to optimise any value from xer. The fact that the company has been kept alive and the liquidators know they are under scrutiny plus marketing was supposedly going on up to 2/12 hopefully some clarification not too far off, one way or the other..
Hi mr toxicnerve I take your comments on board. Regarding wife she doing fine at present thank you. I now realise there is more to life than money. I still feel some skulduggery has went on with xel
Overman, money helps but you are right all the trappings of our material world don't make you happy. I know many intelligent people that don't conform and live very happily on a small income. As far as skulduggery the Bentley field was all about funding, timing in respect of the POO, AIM and unfortunately mistakes by BOD and DECC. There are any investors, including myself that were/are invested in XEL hoping to make their fortune. Unfortunately AIM is full of sapling companies that fail and full of gamblers that play the odds that they will fail. It's a sad indictment that we promote failure rather than opportunities. Back in 2011 when the SP was at it's peak, maybe, mistakes were made then instead of the false optimism that the SP could double or treble, then we had the disaster of the interim P2 results and the subsequent costly EWT. Since it was the shareholder that paid for that the OGA could have done more to help the company once the POO fell. After all revenue from the NS has propped up many govts in the past and they could do with returning the favour. We splashed billions into the finance industry back in 2008 as the UK's portfolio is heavily weighed in favour of the finance industry. Unfortunately we might loose that due to Brexit, we could have done with putting more into other industries.
Mr jup4 thank you for in depth reply, I think there will be a lot of information released relating to the directors and the way they have conducted themselves.if mr Cole was seeking advice about insolvency 1year ago we should have had a rns stating the fact a lot of shares were dumped in a year allowing insiders to escape
I don't know about insiders escaping.You will probably find that the one's closest to the company are the last to loose faith.