Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
RNS - invesco slowly dropped more
Ta - what would bring liquidity though? Don't see any reason for any upside?
What's the crack here guys?
Cheers guys shouldn't have bitten but whilst LGO was a great success BAO is my passion
You are filtered and have been for a while so spout all you want I only seen your comments as I wasn't logged in. BAO is secondary at the moment and to be honest I could sell up as I font really need the money having scooped £170k profit elsewhere. For sure I know if I sell this will go below 10p given my holding. I hope you lose lots of money as I detest your attitude
Indeed did does, buys marked as sells - messaged the BOD to see what's going down, but no reply! Something brewing they normally respond and drop snippets!
Hate to say but must be a biggish sell order as plenty of buying going on
The timing will be great - contract news and Invesco out togther! tastey
Those contracts will be signed anytime soon
Nothing specific all I know they are being progressed and it is one of the expectant items of news flow to come in recent weeks/months. Its been a quiet of late, BJ and JD tight lipped so I am expecting news anytime soon on Transport MOU Bulk sample testing results Marketing/demand study Environmental study and licensing Tax treatment by Goverment Redbird options at 20p Coal supply agreements - maybe part of a JV or partnering arrangement
Yep, its all coming together, I think we will lower the CAPEX and OPEX considerably in the BFS/DFS due to some of efficiencies in process etc
It doesn't take much in AIM for shares to rocket - LGO, ROSE to name two with 300% gains in a few weeks. Any rumour of funding/JV/partnership etc then the SP will react accordingly. One of the most de-risked, if not the best, AIM mining shares about.
The bid has held this week on slow volume and I've not noticed any large dumps or the ask being driven down. Maybe that seller is gone?
Exports via the port of Nacala, in Mozambique’s Nampula province, of coal mined in Tete province are scheduled to begin in December of this year, according to information given at the 32nd Coordinating Council of the Mozambican Transport and Communications Ministry. According to figures announced at the meeting in Tete the trains that will carry the coal from Moatize, in Tete province, to the Nacala coal terminal, which is under construction, will be an average of 1,500 metres long and be made up of over 120 freight cars pulled by four locomotives. Normal coal transport operations to the Nacala-a-Velha terminal from the Moatize coal basin will be carried out by 80 locomotives, the newspaper said. The railroad will be accessible by all coal mining companies in Tete province based on a memorandum of understanding signed by the Mozambican government and the consortium building the railroad. The tariffs that will be charged for use of the railway are now being considered. The daily newspaper also said that shareholders of Brazilian mining company Vale, state port and rail manager Portos e Caminhos de Ferro de Moçambique, The Nampula Development Corridor and other concession-holders intended to achieve transport capacity of over 11 million tons per year by the end of 2015 and to continue investing to achieve 13 million tons in 2016 and 18 million tons in 2017. (macauhub/MZ)
Was hoping news this week, could come mid trading though - come on BAO
Yes indeed BAO next though
what a time LGO is having, bought in at 0.70ish and now £100K up! lol Never been in the money so much! Soooo do I throw into BAO now and maybe double up!
I read somewhere that BAO whilst it hasn't risen for the last 6 months has out performed many others in its sector who have all fallen away due to market conditions. Stepping back and looking you can see clearly BAO has held its ground in the 10 to 11p range, whilst others have fallen sigificantly. This demonstrates the progress of BAO and the de-risking outputs we have seen. When market conditions improve, it bodes well for BAO, the hope that this coinsides with more good news
I've blocked Cylindrix so not a clue what he is saying but obviously i am not on his Xmas card list! lol
Strings of buys :-) still not on the radar lol