Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
You posted you had sold out and moved your capital on
I suspect you are being mischievous for your own gain so you can buy back in at a lower price
Please do not post if you do not hold shares particularly mentioning placing etc
If you suspect that and have a direct line to the MD suggest you contact him but I doubt he will be interested in someone who has no holding in the company
Please go and post on the companies you do have a financial interest in
Wentsland
As a REAL investor i can assure you you are not correct, my reference to shares was only to reinforce the point to Smiller that irrespective of investment you should not expect a response to any e mails sent to UFO
Smiller
I agree with you entirely in fact I e mailed the company back in March with the same question and offered my services, having worked in companies at a high level, if they needed assistance.
I have not had a response to my e mail which as a reasonable size investor with about 15million shares I think is very poor.
I have not sold my shares as so far underwater it is better to stay and hope that something does come of the amazing assets available to them
I would even go to Oz for a few months for free to protect my investment on a no win no fee basis
I would not hold your breath for a response
Given that our case is fronted by international lawyers and involve a treaty in law corruption is not going to affect it
The corruption may come to the fore in the internal auction process but will not change international law
If I was going to purchase a property the lawyers would do their due diligence and if it was found there was an outstanding claim on this property I would not purchase until this claim was cleared
Surely no company would proceed until the claim was cleared
Therefore it would be in India’s interest to do a deal and clear the claim
This is working out as my last post all the GOI need now is confirmation of auction value then a sensible settlement should be forthcoming
People who do their research will start loading up now and we should see a gradual rise in sp
When I first invested in this company at an average of .6p I had a target to top slice at 1.5p and I am still holding for this which I think will happen shortly with a price of 3 to 4p by the end of the year
I haven’t sold any as I still have confidence in the assets
It looks like we now have a bit of common sense in the board and I am sure we will succeed
GLA
Good to see that people are at last realising they have invested in a valuable asset
I like to think my offer of assistance and e mails requesting confirmation that mining licence had been applied for made them realise they had investors who care not just a bunch of negative doom mongers
A J
I am in exactly your category and still hold as the basics are still there to enable a good profit to be made without too much outlay
why would a 7.3% shareholder lend money to a company that the gloom mongers say will fail, they are lending money to protect their investment and make a good return
I entend to e mail the company regarding the mining licence but my gut feeling is everything is there waiting until the major shorters signal they are happy and the brakes are let off
I can’t believe the number of negative people on this chat either those with shorts or paid derampers who have no investment and vindictive streak
Roll on the mining licence to reverse the trend
It is not rocket science to get the mining licence if it doesn’t turn up soon I will offer my services to go over and help for no fee to protect my investment