Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Problem is that in the current market, anything that is not going 100% perfect in terms of delivery means the share price/s are getting hit/savaged. This is more about the markets and perceived increasing awareness of risk around getting the product to market than anything else. really tough to get any share price to move with an upwards re-rate at the moment
Agree at least in the first yr of production monthly updates really essential to have transparency and assure the market. no knowledge creates rumour & uncertainty that market 'players' love, but not longer term investors. At least getting any rumours on the spud lanced by keeping market informed on the 1 week delay.
does anyone have a link to the appeal?
Just managed to find another grand down the back of the sofa to add. This feels oversold in view of what should be coming in terms of revenue....so hope they deliver the positive revenue in the next few weeks/months that should change the game here in 2023 and blow the day traders out of the water with consistent/semi secure (depending on gas prices) long term revenue.
a small but great deal, 11% pa, helping europa out, building reputation and relationships, nothing but good news in this....
this is key unknown here to assess the value of the gas the company holds and then the likely pressure drop off profile from the field over future yrs. I imagine that is the final bit of data that will give the entire picture for the market to assess what value Angus is effectively offering from this field and be built into the share price. Great to have established a relationship with shell. The market should then take that income stream as a given (subject to price variations/projection) and ask itself, what else is the company offering next?
There is a fundamental misunderstanding in govt (as usual!) that local communities will agree to fracking for the 'greater national good'. That will never happen. They need to be offered significant targeted local benefits (and not just another new childrens playground!), for example significantly reduced energy costs for the areas local to (say by postcode) and agreeing to the fracking. Then you will get local communities actually wanting fracking if they agree to a local resource devt and their energy tariffs will drop by say 50% as a result. This is the way forward in the short term, govt needs to listen...........
As i am in I3 & union jack, it made sense to get into this as well, all overlapping etc....!
Should be a big 12 mths, good luck all, i am sure many have been here a long time and deserve the hopeful positive outcome.
The ''good old boys' still look like kids at Xmas in the interview, i think that says a lot about what is to come.... and the balance of risk here
likewise, saw the interview, based on your 3 points Scot and added my holding, they looked liked kids at xmas !! body language very revealing it seemed to me.
So PEEL HUNT WHERE ARE U !!! very poor from them, now proven to be utter scaremongering...the reputation should be in tatters.....
blown their cash drilling in the wrong place, will anyone trust them to drill in the blindingly obvious right place near the pipeline and dalton highway! maybe 1 more chance to hit it big.
Bitcoin, you will have the pleasure of Rotherham next yr !
Yup, i stayed in this to continually remind myself by seeing red how not to do it and do my due diligence properly based on facts before buying.....it has probably saved me a fortune in the long run, decisions since have generally produced much better results
in galaxy far far away, the share price hit 4.25p..............
yup 2.79p punch drunk at the idea of the price going up !
been sitting on a horrible loss in this at an av of £2.79, maybe the worm is turning. Plenty of prospects here, but share price needs more than just positive signals or rns with visible gold blah blah blah (been through that before with this lot). fingers crossed the management come up with something more certain and golden in next 12 mths.
moving out of the silent doldrums! been holding this at £1.20 ( cost, sitting on loss) for while now, should move like oil and gas, nothing coming out of russia or belarus for many yrs to come, so get this going!
Hopefully patience here will be rewarded, at least the communications from the company feel free flowing and shareholders seemingly have a good idea of what is going on, totally different from my experience at ECR over the past 4 months where its all been very odd.
Based on last 4 months, cant trust a word CB mutters in any waste of time future interviews/tweets etc....
This company can only now be judged on hard RNS information, real results from drilling, positive or negative.
In view of the verging on incompetent shareholder communications (or lack of it) which has resulted in more damage to the share price than regular updates as things developed would have, i now have major concerns about if they are competent and savvy enough to negotiate any future deals, a JV or whatever and get a good deal for shareholders. CB needs to buy some more shares in the company, show that he believes, is committed and will be taking the pain if this goes no-where.