focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
REUTERS 5-6-2019. Pentagon’s Defence Logistics Agency (DLA) which buys, stores and ships much of the Pentagon’s supplies - ranging from minerals to air plane parts to zippers for uniforms - has also held talks with Burundi’s Rainbow Rare Earth's Ltd about future supply. https://www.reuters.com/article/us-usa-rareearths-pentagon-exclusive/exclusive-pentagon-eyes-rare-earth-supplies-in-africa-in-push-away-from-china-idUSKCN1T62S4
The only REE mine in the US,Mountain Pass Rare Earth MineRare Earths Battle Looms & the Chinese have a minority shareholding in said US mine.They helped acquired Mountain Pass mine in July 2017. https://www.bloomberg.com/news/articles/2019-06-05/rare-earths-battle-looms-as-u-s-aims-to-counter-china-threat
Second mining area,Murambi,entered production in December 2018 and two further mining areas planned to open during 2019 http://rainbowrareearths.com/wp-content/uploads/2017/05/Corporate-Presentation-March-2019-Final.pdf
The mine is new into production and of course with all new mines getting in to production,their will be a few teething problems,even with the larger mining company's.I don't see much of a problem here.just teething problems that can be rectifying quiet quickly,as they are doing.IMO only of course.DYOR.
Rainbow is up grading fleet of trucks,The local contracted trucks have not been operating that well in the rainy season,which this year was heavy rain conditions.So RBW has it all under control as the company knows what needs to be done as far as modernising truck fleet to cope with heavy conditions in wet/tropical storm season http://www.alignresearch.co.uk/rainbow-rare-earths/rainbow-rare-earths-finance-concerns-dealt-with/
Hazrat ,you really don't get rare earth mining. https://investingnews.com/daily/resource-investing/critical-metals-investing/rare-earth-investing/rare-earth-producing-countries/
IMO only,don't worry if RBW shares take a breather. if you bought this morning & there is a slight pull back. One will only lose cash if one sells at a lower price,of course. Hold for the future. I am not a day trader. RBW has One of the Largest Rare Earth Deposits In Production Outside China. Even if the US-China trade war is resolved in future,the US will now be looking to source their Rare Earth away from dependence on China to other sources.
Rainbow is one of just two quoted rare earth mining companies producing commercially outside of China. The other one is Lynas Corporation (ASX:LYC) which in late-March 2019, which was on the receiving end of an unsolicited bid from Wesfarmers Limited (ASX:WES). This morning, REE juniors Down Under have seen double digit percentage gains led by Greenland Minerals and Energy (ASX:GGG) which is up 40% – it should be pointed out that none of these companies is in production. With all this excitement swirling around the sector, it does underline the attractiveness of lowly priced Rainbow.
http://www.alignresearch.co.uk/rainbow-rare-earths/rainbow-rare-earths-uschina-trade-war-set-to-benefit-ree-producers/
Rare Earth Stocks Give Abundant Returns as Investors Pile In
https://www.bloomberg.com/news/articles/2019-05-29/rare-earths-give-abundant-returns-as-investors-guess-trade-twist
I am watching this company, not invested at Moment but this looks good news.... http://www.miningweekly.com/article/african-battery-metals-buys-a-stake-in-katoro-2019-03-15
Valhalla14 Fanks for the info.So basically only 19% of shares in public hands . Brilliant.
Have I got this right. IMO good news for the company.Chinese Billionaire Lam Kong, through his China Medical System and A&B Company, now has 77% of MTPH shares and has also had a resolution approved by shareholders,which allow Billionaire Lam Kong not to launch a formal bid for the company, as is normal when a shareholder’s stake surpasses 30%. Not many shares free float,could anyone tell me what the % of free float & it seems as small share holders sell,said shares are hovered up.
India is a vast supper power in region. India struck terrorist camps in remote areas of almost failed state,Pakistan. Pakistan Government probably only have control of large towns & city's.while,outside in the countryside thugs with guns are in control. Pakistan military intelligence, apparently uses some of these terrorist groups as proxies against India. I think Pakistan will retaliate because the PM has said so but will be limited to along boarder areas. I am staying in PAT long term with my small Investment because PAT also has its great West African assets. IMO the Pakistan - Indian highlighted Tension will not last long. UN including China & Russia will not want to see Nucular Weapon Powers escalate conflict out of control. Although we don't know what state Pakistan N weapons are in.
Galaxy agreed to purchase the 10% interest in PAT Subsidiary IGL in two 5% stages. In the first stage a 5% stake is to be purchased for US$500,000 consisting of two payments. The payment just received was the first of two US$250,000 payments, with the next amount due before 31 March 2019.
The second 5% stake is due to be purchased for US$750,000 prior to the re-commencement of exploration (now expected mid- to late-2019). Best 10% sold, IMO,brings on board Indian mining/red tap/licence specialists Galactic Gold Mines Private Limited (Galaxy) who may also get listed on the Indian Stock Market this year.
I am a Gold Bug in a very small way "from small Acorns & all that" In vested on Canadian TSX in Gold & Copper producing miners & of course on London with PAT. The country's my investment company's have their assets in.Canada,US,Mexico,Peru,Brazil,India,West Africa.