Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
You are right theyve also won contracts to collect and deliver passports but it does depend on kretinsky if he’s aloud to buy the company and share holders vote for it you’ll have to sell .
I'd say the sp will pretty much stay the same until any news comes out .
I think it’s best to wait if bid fails of com could we’ll agree with royal mails proposal. If they reduce deliveries they hope to be in profit by 300 million in a year so sp will rise significantly then plus any dividends that may come your way .
Talking about manipulation do said last may that he had no intention of putting a bid in for rm. Now ids want to offcom to push through there adgenda of cutting deliveries which will make them 300 million a year coincidence or not it makes rms plans look desirable now .
Fair enough
You know you can never tell what will happen in this day and age will k put an improved offer that will be acceptable to shareholders or will they pull out of the deal. There are barriers in there way an up coming election and a security risk .
I'd sell for 4.00 so would most small investors I think .
No one accepts the first offer do they plus it's got to be an offer that will be accepted I'd say his next offer will be 4.20
Take over bid rejected
They did say a small dividend would be paid think it must of been agreed at the conference .
As for delivering parcels they will have a realignment so sundays part of your duty or when theres vacancies they will employ people on new contracts where sundays are normal pay like they already do . Plus they dont get paid breaks and dont get paid for household deliveries.
Bug changes are coming whatever .
The cwu would agree to 1 day reduction dave ward said that but any other days might be phased in .
Yes m8 also they've won passport and visa contracts .
Reducing the days they deliver letters will bring massive profits cos there will be a big reduction in staff Also they will be delivering more parcels Including sunday delivery.
Believe me they will be in massive profit in a years time there streamlining staff as I speak . Believe it or not they've won massive contracts this year already including a nationwide contract from nike .
Always be positive the sp will go up again they are going to post a profit come may I no alot of the changes there making and particularly the savings there making .