Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Boom. You are the biggest supported of the company andbhave down some excellent work however the facts are that this stock is down 40% from the last placing. If the do sign Bunga Mas and I believe they will under the new terms then they will have to raise more funds to drill. They would be praying that the sp would be higher to avoid dilution but the facts are the consolidation was window dressing so Simon and Dan can raise more funds. This is not looking good. Not at all. FB
Hi all. Watching with amazement at the drop. 30% below placing price is shocking. I am not sure that the market is seeing what we see or if they do they are not buying it. Simon has been in the job for a year, for me I am losing faith. Some of the trades are huge but suspect it is circular trading sheering the weak sheep. It is time for mgmt to stand up and start talking or this will continue into freefall. Sorry to say all, I am starting to think we have a dead fish on the line.
Hi all. Does anyone know when Simon will present at the investor forum? FB
Boom. Always appreciate your perspective. Here is a question, would you see ADL as a North Sea company or and Indonesian Company? As you pointed out they might have UK experience( not convinced yet) but don’t know if our BOD has any real track record in Indonesia. I think they should be who they are and dump Indonesia and focus on the UK. Be honest with us is the best policy. FB
Hi Boom. You are switched on as always. Enjoy your posts. 2 days ago the trades were at .96 to .99. And today at .82. We are honest souls in and unholy land known as AIM. I wanted to add today and could not. Figure the MM reads these chat rooms and is pi$&ing himself laughing at us. Most definitely not driven by supply demand principles for sure. You mentioned farm in partners, my guess is that it is not as easy as most think. No low hanging fruit when it comes to finding deep pockets to drill expensive wells. Not sure Simon and the board have the experience to add much value to finding a farm in partner. We have a banker, an auditor, a lawyer and a pipe fitter in our BOD. am extremely concerned going forward. But maybe it is just my paranoia which is running rampant today. FB
Jace. You are right in your observations of the trading here. Can’t buy then a huge sale pops up. Then the sp drops like it has today and my bet is there will be another blue day in Friday. Last week it went from .8 then up to 1 then back again. Pure *******s unless anyone can make sense of it. The Oct presentation was all smoke and mirrors. Looks like their PR firm loves clip art icons to get the point across but then what is the point. Beats the s$&t out of me. FB
I have been a big supporter of SIMON but I am wondering if he is doing anything. No updates on Colter, heck Boom knows more about it than anyone. No word from SIMON, complete silence. Relying on podcasts with their PR firm who are only interested in selling tickets to her sham investor sessions. Haven’t heard a word about any progress on IPP. Is it still alive? We don’t even know if he has any staff in country anymore. Simon. It is time to start to lead this company rather than scour in the shadows. Not sure if the rest of the board are doing anything at all. Pathetic is starting to come into my thoughts and am so disappointed that we have not heard anything for months. After a year in the job, I would give SIMON an A+ on getting some new valuable projects but if he can’t close then it is just more smoke. F- . FB
Hi all. Not sure what’s going on but the trading patterns on our stock are complete garbage and I believe the stock is held hostage by the greedy MMS who are day trading. Not a level playing field. The stock drops 20% and no one can buy then the sell it off at a profit. Complete and utter garbage. FB
Hey Boom. Can you share the great news? Thanks FB
Hi GreenDave. I think we have attributed the past has affected today’s sentiment. Not sure I ageee with you. Simon has shown real promise but has yet to deliver anything we can get our teeth in. As the board states there is real potential with I agree with however nothing has come to reality yet with Simon ending his first year as CEO. I am supportive for sure but a bit of doubt is starting to sneak into my mind about his ability to close these deals. FB
Snaffle. Any more info from our twitter friends on Simons talk? FB
Yes Greendave. Feel the same way. We have researched this company pretty well and now we wait on Simon. Like you I support him and he has delivered which sets this company apart from many. Unfortunately Simon cannot create quality newsflow every month if we trust the man, if we figure our research is correct then we wait and watch. FB
Morning all. Have been away. Nice to be back. Floyd what are your thoughts on what is going on? Can’t make any sense of it from the math. FB
Nelson. Just did some math. Those numbers equate to 79 million BOE. Given our low MC that’s 5 p per boe. There is the MC vs Asset value gap
Boom. It’s not a black sheep it is being managed by the MM. no question about it. Not sure what the end game is but there is a game being played. The data is conclusive. Have a non LSE weekend all. FB
Morning Snaffle. Do you have the link to the rns? Where can I find it. Thanks FB
Hi Matt. Yes a quiet day but my goodness we must be patient and not expect quality news every day. It will drive you nuts. The next piece of news of quality will be Bunga Mas so we wait. It won’t be months in MHO but days or weeks. We never know how the market will respond and when so patience is the order of the day. FB
Welcome aboard DV. We have a good board here, some industry players and some great researchers. And plenty of newbies so you are not alone. FB
Hi all. If you want to track any vessel it is in the internet. It says the Geo Ocean 3 is a supply vessel. Don’t think this is as importantan as the twitter dude seems to think but then we all believe and trust the twitter feeds. Not. FB
You are forgiven of your sins my son. Heheheheheheheh