Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
News or rather the lack of it is getting a bit ridiculous on here. Makes you wonder if they will ever get their act together and move this forward with solid updates and regular communication. Can't blame it all on waiting for FCA approval there is plenty of business out there without the addition of the stable coin part which seems to be some distance away. Perhaps they should concentrate on other areas while they wait for the mythical FCA approval.
Agree, some details of plans going forward and a proper summary of exactly where we are with the current activities and growth would be welcome. I dont think that it should just be left to corporate updates as there a little matter of fact rather than PR updates that should be more enlightning and positive. We could do with something to cheer us all up.
I find it strange that the company needed a placing to raise what is a small amount of money when we are now creating revenue. Must be more about getting some shares for someone or several people. As there are if I remember correctly another 60 million shares held back and not issued. Should be an interesting week finding out what’s going on.