Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
We IPO at 150m shares. Market cap of 16m. We now at 45m mktcap.. This is only the start of a long journey
We sitting at 11p ressistence, this is more or less the same price RBW IPOd at. So far 3 attempts made to breach this price level with upward wedge pattern forming. Divergence on volumn aswell. Once we breach pass 11.5p and sustain it, it will be easy upwards to 15-20p
There are indeed alot of algo block buys, little small multi buys all at the same time. A few mins later price ticks up a notch.
What does this signify? I don't know, anyone has any clue?
Thank you for sharing, Shurething, What does this mean in vanilla English?
To NOT accept*
Continuation of expansion of mining fleet in gakara is also fantastic news. As I was worried their focus get diluted with a new carrot
From the sound of the latest RNS, it sounds like initial D/D is completed in the palabora SA mine?
They now will move forward with initial drilling as well as work out a mine plan?
Am I right in thinking?
Also George Bennett chose to to accept a repayment of 1m loan. I suspect he wants payment in shares?
This is filling me with more confidence in his tenacity and the way the company is headed. I won't sell a penny and will top up on the way.
Sorry to correct: 40m lol
Just reading on Pensana's board. MP mineral officially listed via SPAC and up 100% last couple days trading at market cap of 960m now.
While we are still at what, 30m? That could be one of the reason
Ale, isn't it funny how they all come out the woodworks at these kind of moments.
Anyway let's all be positive and enjoy a glass tonight.
We all deserved it after years of holding and averaging.
No one knows why across 2 boards.
Can only assume is a leak of info
Yes my thoughts the same, there is an attempt here to keep it under the lid to buy time for the West to catch up to China. Load up the boats and hope they don't buy us out too soon
: DD
I've been thinking about this for some time,
There is an errily and almost artificial quietness surrounding REE industry while the broader bubble and revolution taking place in EV, lithium mining and battery production. Alot of emphasis placed in battery tech but very little comparative attention yet on PM magnet.
Given what we know about the supply constraint of REE vs Lithium, the latter being much more plentiful sources. I do wonder why there is this lack of news flow.
The Heroes act in phase 2 US stimulus package even allocated over $300m in securing a source of supply of REE in US as well as reprocessing. This will take a couple years to develop.
I strongly believe everything has a reason. Perhaps this is the quietness before the storm.
I have a huge conviction in RBW and this whole sector.
Good luck to all of us on the same boat
Thanks for that GLA,
GLR, may I ask where did you find this news?
Given the huge opputunity in this REE trade, anyone has any opinion on Pensana and Mkango?
My bad LB, It was under statutory doc.
All agenda passed today, let's see how and when these 84m shares will be added. 20% dilution is pretty expensive
http://rainbowrareearths.com/wp-content/uploads/2020/10/Form-of-Proxy-2020-AGM.pdf
Lovely boy, the proxy form was just next to the technical report, it was release not too long ago
Judging from today's action, there doesn't seem to be much fear ahead of AGM.
Onwards and upwards
Wonder when this will come and if it is priced in.