Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Agree with your points here. In one of Eriks latest interviews he talks about the importance of building trust to do business in China and the power of relationships - all of which don't happen over night. Its vital we get this right to set ourselves up for success. Can we all try and play nicely please : ) Too many of these chat boards are full of mud slinging etc etc GLA to everyone. Holding L and S
"Historically, China’s health care industry has been tightly controlled by the state, but rising income levels are resulting in rapidly growing demand for better health care that utilizes the world’s most advanced technology and know-how. China’s health care industry is one of the last to open up to foreign and private investment and technology, but make no mistake, it is opening up" Interesting read - thanks
Key for me is official news that the clinical trials are 100% positive. Seems to be a niggling sticking point. If anyone has attended news on this and also sales pipelines would be appreciated Thanks all. Holding long and strong. Tempted to top up - but keen to hear on the AGM first.
The Company's AGM will be held at The Exchange, Colworth Science Park, Sharnbrook, Bedfordshire MK44 1LQ at 9:30am on Wednesday 14 June 2017 Not sure who was going to attend, I was hoping to but work got in the way!
Keen on hearing how the AGM goes. The drop in SP is obviously a concern. But if they re set timescales and the substance behind them is robust then I'm staying in here. If the delays have spooked people and driven a 40 pc drop we firm assurances that delays are the only issue - not product issues
Pleased with the RNS. Would of liked more news on hospital tests however. Keen to hear how the AGM goes. If you trust this site then seems to be a surge of buys ... MMs wading in. Onwards and upwards. GLA. Holding long and strong
Sorry was meant to add - I literally cant find any up to date articles on the web re CPT progress / updates in China. So my guess is its all being tightly controlled / played down for now. Or ... (I hear you say) There is no news as nothing has happened!
Im squinting but I think I see BLUE ... cant remember who posted about a walk down to 12.75? But I think that was an interesting angle on what is happening. Are we seeing MMs recover loss or buying in at low levels ahead of good news. Lets be clear the sell/buy chart on here is not to be followed as a guide IMHO. Still no official RNS to explain things. I still believe in CPT. Holding. GLA. If anyone is going to AGM can they post their thoughts here please and any quotes from CPT on progress. Would be very interested on their views on SP. Lets hope they are keeping their cards close to their chest and this week we see +20% gains
Is anyone going to the AGM? There has to be news between now and then ... funds may be a concern soon? We had reported £3m in bank end of May ... any sales the arrangement was money up front ... but no sales news as yet. IMHO drops are people selling up to make gains elsewhere and if this moves / gets that RNS we all want they will be back. We badly need the RNS now. I'm holding. GLA. Come on CPT !
Is anyone going to the AGM? There has to be news between now and then ... funds may be a concern soon? We had reported £3m in bank end of May ... any sales the arrangement was money up front ... but no sales news as yet. IMHO drops are people selling up to make gains elsewhere and if this moves / gets that RNS we all want they will be back. We badly need the RNS now. I'm holding. GLA. Come on CPT !
Its turned into a yo yo. Still no news. My balanced view. News is due, hospital testing must be concluding, so far all good logical progress, £3m in bank end May - should see us fine for a while? If sales don't come we will need to raise funds - major worry? All just thoughts. I know I sound a bore but we need a RNS on sales!
Being walked back up slowly ... the RNS is needed to give a real SP movement - good or bad. Movement at the moment IMHO is MMs finding levels, topping up, hedging bets etc, trying to get people to sell in anticipation of good news, showing sells and not buys etc etc. IMHO only. News is due - fact.
Defo a possibility - always the chance its being walked down ahead of positive news for MMs to load positions - will be lots going on in the background with trades we will not see - sells often show as buys etc
Not looking good - but still no published news ... if we had a negative RNS I would compute this drop easier. News has to come - even if to react to this level of decline. Holding for now. End of June decision time
IMHO we will see an RNS within next two weeks. Commitment was to news in H1. Whether news will be positive is the main question. The current SP is born out of frustration and speculation IMHO
This has now become a test of nerve. Stay in and stick to original beliefs and research - if so buy in at this low level get average SP down and view this is a major opportunity? Or - see this as a sinking ship in the short/medium term? I am holding - still no news released to trigger this fall. IMO people are off loading as no news and can make gains elsewhere quicker - which I understand. Or MMs are lowering the SP in anticipation of this taking off. GLA. Decide wisely and don't buy what you cant afford etc etc
I got a reply but understandably not specifics, AIM rules very clear on what can be said outside of an official RNS. I think our cash position is fine. No news on sales or pipeline is the worry. Totally agree that a 7% swing on AIM is the norm really. I'm holding for now. GLA. We need news in June
Start of May we had £3m in bank. Issue is the lack of positive news. We need sales. Simple as that. Erik replied to my email but understandably couldn't go into specifics. I must admit my faith here is being tested now. But no published news to explain drops. The MMs doing their thing? Not knee jerking here
Rightly or wrongly I am prepared to believe in Erik and co - at the investor show he was very confident in his view on sales within weeks and products in customs. Could be spin and hype - but his reputation will be shot if so. The correct approach in a new market with a different buying / business culture is walk before you can run. Again he stated this is what they are doing, I would much rather they took some time to get this correct. But ... all that said we seem to be slipping in timescales. Im staying in this ... GLA
Don't blame anyone for cashing out etc - this is becoming a very slow burn. Personally I'm staying in as have been here for too long to bail now. Really need some news that can give the SP the kick it needs. Fluctuations at the moment don't appear to be based on news / facts. GLA