Member Info for Daibando

Good points OAPK... I can see a very good future with this company especially medium to long term. Just hope i can stay the course! I have a lot of faith in the very experienced CEO who I believe will ensure success for Rainbow.

Is it too early for a drink yet?

I'm not selling now. I've been here knocking on the door for nearly three years thereabouts so waiting a little while longer isn't going to make much difference now.

On some of the other BBs I (used) to frequent the phrase 'Hold For Gold' was the battle cry. It doesn't seem appropriate here but I'm sure you get the sentiment.

GLA

...should be due any day and Annual Report at end of October. Disappointing to see the share price go down especially as I increased my holding a week ago in anticipation of an outstanding JORC. no doubt the MMs are making room for something (?) So far we've had a 'Drilling Report' but where on earth is the March 2020 JORC?

Probably wasn't my best decision to clear out my Synairgen; Alba; Alien; GGP and EUA holdings and boost the Rainbow... but hey ho! I'm sure it will all come good in the end.

Good Luck everybody

I agree the REE required for the defence industry will always by its very nature create a big demand and security of source and supply. However, I believe the move towards more environmentally friendly applications is where Rainbow will benefit the most. The move towards Clean Green and away from Dirty Carbon will over the next few years grow rapidly. The technology will improve and demand will be created encouraged and forced by greater social environmental awareness, alongside governmental legislature on a national and international level.

I believe that the Covid-19 health event will bring forward 'green' initiatives but this remains to be seen. Also the US Presidential elections and in particular the result of said election. I think if Biden wins the DOW, S&P, NASDAQ etc will tank... but then again it might tank if Trump gets elected. If the Yanks tank then no doubt Western markets and some Asian will also follow suit..

But enough of my ramblings, what do you all think on these subjects?
Now where is that half full bottle of Tanqueray....

An Interesting idea... of course JFK was taken care of before he could go any further with his plans and Gadaffi was unable to fulfil the ambition of a Gold Dinar to replace the $ as the currency used in oil transactions... why was that now? Hmm... At least JFK only had his brains blown out and not the end of an AK shoved up his hoop (sorry, but that's the nuts and bolts of his demise).

I am a recent holder of this share, made a reasonable profit and reluctantly sold to fund another company. I intend to be back invested in ALBA soon and you never know I might even regale you of my short time at Clogau on this BB. Whatever the future I wish ALBA, the people of Merionedd and all ALBA shareholders the very best of luck for the future.

So would the real JORC please stand up! As an update it is good news indeed with a few caveats but hey(!) this is AIM afterall and we should all know the potential for success and disaster that is sometimes just a days trading away.

Medium to long term I'm expecting very good things about this company. Whether they can make it on their own is debatable but it could happen. IF you can afford to 'hold' and slowly increase your holding then that I think would be a strategy that will prove very profitable. Just my opinion of course. In the short term we await the Annual Results which we should see by the end of the month and I hope that this will alert some bigger investors to the huge 'potential' of Rainbow. As for the fabled and by now legendary JORC... the real JORC, well when it appears that will be a time to celebrate!

Hold your nerve, keep your powder dry and GOOD LUCK TO ALL!
(I really must stop these afternoon Gin sessions...)

... should be released in the next few days. Hopefully mention of the JORC will be included and we'll have a better idea of what the future holds for Rainbow.

Good Luck to all

... ale you are right. As updates go it is positive and I feel that there is more to come quite soon.

Cheers!

Thank you Thistle,

It will be interesting to see how this 'news' will affect the share price. Let's hope that we at least maintain the current levels, however, we really need that JORC to give us the 'meat on the bones' of what we are investing in. I'm sure it will come and that it will be very good. What makes me say that (?) well i suppose I'm an eternal optimist and I have some faith in the integrity of the CEO George Bennett.

...it seems the London Stock Exchange site has crashed! Let's hope it was caused by a super dooper RNS/JORC from Rainbow and they just couldn't cope with it.

Good Luck!

Hoping for something positive this week or by end of next week at the latest. Keep our fingers crossed.

Wednesday October 7th it is then. See you there!

Oh by the way did anyone else get a postcard from a G Bennett... beautiful picture of Rio de Janeiro from the summit of the Sugar Loaf. Do we have an extradition treaty with Brazil? Only joking of course. I'm hoping for a great annual report with attached JORC and seeing a nice rise in the share price with it. Good Luck everybody.

... but at the moment we appear to be in the deepest part of the Mariana Trench. Will somebody please buy a share! One will do..
Of course it could be that the LSE Trades data is faulty.

...that it was I that invested in the 1M RBW stock because I knew that by Friday an absolutely outstanding JORC would be revealed on Friday morning... but I can't. However, it is great that somebody knows enough to invest in RBW and let's hope for much more interest of this type and scale in the company. I can feel the news coming our way!

We're all in the same boat here and it is frustrating, however, I hope our patience will pay dividends in the log run. In October we should at least have some company news re Results etc. so they may include the JORC in that as a 'bonus'(!). PI comms is not the best but I'll give them the benefit of the doubt right now and if the results are better than good or exceptional then of course all will be forgiven. Right now i have a reasonably large holding by my standards anyway but that means that cash is effectively tied up. Today i was sorely tempted to release some of my Rainbow to buy into another company I hold shares in - I didn't but that company rose today by 25%+ but as I've said previously the minute I sell RBW is the exact minute the JORC will be released. I have held for a while now and had a reasonable share growth with RBW so I'm not complaining (yet). They always say not to get too attached or too emotional with a share but sometimes it does feel like that is happening. At the moment I'm only an amateur in all this stock trading malarky but it is quite obvious that AIM is the 'Wild West' and there are a lot of cowboys out there.

Good Luck to all Rainbow holders...just off to sharpen up my spurs.

I too have some concerns with the US election which could disturb the markets. Whoever gets in there will be positive and negative effects. Regarding the result nothing will surprise me and I wouldn't want to call the result as it is probably quite close. Regarding the JORC I feel it may arrive just prior to the publication of the Annual Report... end of October time. But who knows it could be on our door steps tomorrow morning (looks up to hear the wing beats of a squadron of flying pigs)

Cheers everybody!

Yes... I must be more patient! the JORC will come and I am very hopeful that it is a positive report that will set the REE world on fire!

The direction the 'World' is heading I believe the changes over the next 20 to 50 years are going to be as dramatic as any changes caused by the 'Industrial Revolution'. One of these changes will be the move from fossil fuel as a major energy source. This is where companies such as Rainbow come in... and we as investors are a part of that history. It is going to happen whether people like it or not.

I hope that Rainbow will be there somewhere and that in time it will be a major player, however, I guess they may in time get taken over by a 'big player' but always remember those big players started out as minnows or 'acorns' as I like to call them! I wish I was a bit younger to realistically see what the world will look like in 50 years time but at least I hope that companies like Rainbow will help make the world a cleaner place for all the future generations to come.

Here endeth the Lesson. i'd like you now all to go to page number 152 of the Hymn Book for # All Things Bright and Beautiful (!) (wheezing hand pumped church organ cranks up) Apologies everyone just my sense of humour while patiently awaiting a JORC report for the last 6 months.

fulmar Thank you for your reply. I believe that you are correct but I don't think others or my IFA would agree! I do enjoy the whole investing scene and whilst I would probably play it relatively safe with the bulk of my pension' it would be good to put more into the likes of Rainbow and other long term plays. I know AIM can be 'volatile' and finger can often get burnt I believe if you do the research and are patient it can be rewarding. Not for everybody of course. I always refer to the 'main' markets as the 'casino' because this last few years has been a rollercoaster mainly in an upward direction. I do wonder how long it can be sustained but who knows? If I knew I'd be on a very nice motor cruiser just out of Tarragona... but I'm not so that's that! As for transferring out to my SIPP I am led to believe it can take between 2 and 6 weeks. I am quite happy with the SIPP provider their fees are reasonable and the platform reasonably user friendly. Cheers DaiB

LB That Yorkshire potash project sounds like serious bad news. I've made some blinding bad investment decisions in my time... maybe one or two now as well but 'that's life' as old Blue Eyes would say, you win some and you lose some. I have a few irons in the fire right now... all apparently awaiting news, RNSs, JORCs etc... I also have the current issue of a 'Discretionary Managed' pension by a fairly well known investment team, however, their idea of managing and mine appear to be somewhat different. For a start the lump sum although spread over a number of investment areas are just under 40% in UK equity funds and just over 25% US whilst the remainder is spread in other sectors globally. Now I'm no financial guru and I understand that UK equities have for a while been deemed as 'good value' I would have at least reversed the money allocated to each fund. Add BREXIT into the mix and to be honest I'd have given the UK a 'wide berth'.. but hey ho 'they' know best apparently. When my holding 'tanked' in March due to Covid-19 lockdown to me that was an ideal opportunity to crystallise... accepting the losses and reinvesting a couple of weeks later to at least acquire much cheaper shares and increase my holding... but no they did nothing and appeared to be like a 'rabbit in the headlights. I don't know about you but even I knew that this Covid-19 malarky wasn't going to be a flash in the pan. It was obvious that it was going to go on for months - so if 'I' can realise this why did so called 'professionals' not see it? I mean it wasn't difficult was it? Anyway, I am contemplating transferring out of this Discretionary Managed fund to my personal SIPP to manage myself. Bear in mind since Feb 2019 I have paid around £5500 for the privilege of my pension not being 'managed' at all. Oh I tell a lie, they did buy into a small Gold ETF after the boat had been missed although it has still gone up by about 10%. The holding is no longer at the lows of late March early April but it is still down from my original investment. I'm not saying I could have done better BUT I couldn't have done much worse that the people I pay a lot of money to 'manage' my money. Anybody with any thoughts on what they would do in my position. Apologies for the rant and for possibly going off topic.

In the meantime enjoy what is left of the Bank Holiday and here's to a very positive JORC coming soon!