Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Yet again, the BoD here have been proven to play the opposite of 'An Absolute Blinder' yet again. Since 2016 this company has done nothing but disappoint and under-deliver, both at the drill bit but also strategically.
An empty vessel.
Yes it's there, and OUCH, it's certainly not a pleasant read. Where's PARSONS when one needs him. Too busy Lording it up with his Italian and Swiss chums no doubt. I can see sub-1p here now, sooner rather than later. Both ECHO and CORO a funding / placing disaster for months to come now and SOU soon to follow.
Anyone know what the Argentinian phrase is for the Echo you get from the scream as someone falls down a bottomless pit of Doom?
Did Parsons, the de-facto leader show his face on the comms event yesterday, or was he too busy worrying about the other two disasters of companies he and his Italian/Swiss chums have been involved with?
.....in other words and in PLAIN ENGLISH, our Italian Portfolio is worth NOTHING.
Not a good week for Parson's Holy Trinity of companies. What a complete hospital pass this transaction turned out to be. No wonder some huge below bid sells went through yesterday. Someone got wind of this, in usual AIM style.
What’s Argentinian for “Oh Dear”? Was also going to be that way. Another Parsons Crock of Shyte. It’s all so very un-2016 isn’t it. The tide’s gone out and Jimmy has been found wearing not even his Italian thong. Said for the last 2yrs I wouldn’t touch Sou2 or Sou3 with a barge pole until he’s delivered here, turns out a reasonable approach.
Another predictable down day with this dead dog of a share. Tonight’s question is; “There has been no share on AIM over the last 3yrs that has been hyped more, overpromised more and underdelivered more than Sound Energy”. Discuss.
Everything James Parsons touches turns to shyte.
When i read the two RNSs it's obvious this is just another hideously expensive deal where the real and tru winners are those taking the Eurobonds. Great upfront fee, annual interest rate and rolled up annual kicker rate to be paid at the end. Work out the true cost of that and its utterly eye watering and all being paid for ultimately by shareholders. Quite frankly I'm surprised the share price isn't below 2p by now. It will be soon imho. Yuck
Your wrong. The money raised is sufficient the get tp103 into prodn from r1/r2 and Mengo so we’ll have cashflow regardless. No fund raise will be required, whole idea is we’ll be self funded even without the D target. Such bs and lies posted on LSE.
Basic percentages Johnny, you’re embarrassing yourself in style this morning. Did you not get your maths GCSE?
Wow! Never a dull day owning this stock!
Any idea why we opened up down 13%?
If you simply look at the increased volumes traded in the 2-3 days leading up to and since the placing, I’d say most if not all of the 60m that was going to be flipped has been done so. Such easy money getting the nod and wink from your broker and partaking in these placings. How it’s not deemed insider trading in 2019 is baffling.
Spiked by DS. A leopard never changes its spots. Once a shyster, always a shyster. Confusion, things not adding up now and BS. He’s fired his bullet and it was a dud, zero credibility left now.
Just like you couldn't sell yesterday between 800-810am. Go figure.....
He’s not a nursery school teacher, do you need your hand held that much ffs? Grow a brain or ask someone else to handle your financial affairs for you
Can’t believe how many suckered in by all the Placing bs. No RNS today, proves it’s all spivs messing with weak and niave PIs. Back up today on drill success to date and two huge targets being drilled now. Remember, the model has been bang on or better so far, cos on next target hugely improved imo. 15-16p easily today. Some people shouldn’t be allowed to invest in AIM imo
if there's no funding RNS tomorrow (which I don't see as an issue anyway, it's part of why these companies are on AIM - to get easy access to funds for investment and growth after all), then this sp is going to fly. TW bs as usual, plenty mugged off today, plenty got the cream. which are you? Tomorrow a new day, after 30% mugging today, the sp is well set up now with lots of funding and other risk now removed....bring it on.
just bought back the 160k i sold this am. happy days.
good day all in all, up over 30%...! something interesting going on? RNS Monday?
we've just broken 20p which imo is very important. it's been a big resistance level going back to May. A close up here would be very good for us all imo. fingers crossed and GLA genuine investors here, about time we had a tail wind here