Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
First post on ALGW, have been buying up a few shares recently, like the look of the company, think new COO is a nice find, hopefully they can now provide some sort of timeline on contracts, as the SP is up and down like a yoyo , again maybe people trading with the daily,weekly swings unable to get to the investor event on friday too much travelling involved and also time off work, I guess the only wait we will see any real move is the value of the contracts.
BigMJ....we should be very close to both Hull projects being announced as per Admission doc, these where both due around first quarter, also down on my investment, the funding announcement sucked but its done as you said, do we know if the intend to fully use the 7.5m, or will closing some of these projects prevent further notes being taken out.
s0n1c, agree steady news flow up to the interims should see the SP move upwards also as dan said more social media presence would also assist, 30p would be lovely by the summer, I guess lets take things one step at a time. We should defo be higher than the current SP.
Thanks Smudgedan for the update from the AGM, good to hear that the BOD are bullish to the future, also glad that a more regular comms flow will be forth coming with regards to contract wins etc as it has been lacking slightly, probably due to the amount of work they have had to carry out to steady the ship (previous BOD if you wish to call them that) and put us back onto a level keel. Possible takeover/buyout in the future is interesting. Our SP should be much higher than it currently sits, but there is little freefloat and lots of sticky hands holding large positions any decent news and it should involve a rapid rise for the SP.