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New board new start and a great set of assets.

Dan I do think you are actually seriously ******ed

Great post and echoes my thoughts exactly.

Fantastic news today,.

500,000 buy at 8p earlier does not look like a standard retail punt.

Just a tip though Yinyang, be a good idea to spend time reading the news and forming opinions of what stocks may go up etc than spending your time trying to deramp one thats gone up and going up further.

That is what positive winners do.Take note.

I think the very fact the Chinese have suggested a restriction of somesorts in REE exports is good enough here.

Americans want alternative supplies so that threat is removed this is one that can provide it.

Only a dullard is unaware why this is rising.

Yinyang don't you have something better to do with your time than watching everyone else make money on the back of whats likely a globally significant event playing out here?

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London-listed rare earth producers surge on Pentagon comments
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Henry Sanderson in London 40 MINUTES AGO Print this page
Shares in London-listed rare earth miners surged on Thursday following reports the US Pentagon is looking to secure supplies of the niche minerals from outside China.

Africa-focused miners Rainbow Rare Earths and Mkango Resources both jumped by over 40 per cent in morning trading on the news.

The Pentagon has held talks with both companies following threats by Beijing to cut off supply to the country, Reuters reported, citing a material engineer at the Defense Logistics Agency speaking at a conference in Chicago.

Rainbow Rare Earths, which is developing a project in Burundi, said it could neither confirm nor deny the news. Mkango, which wants to build a mine and processing plant in Malawi, did not immediately respond to a request to comment.

Rainbow Rare Earths last traded up 38 per cent at 7.69p, while Mkango was up 42 per cent at 10.375p.

Rare earths are a group of 17 niche minerals that are used in electronics, electric cars, and some military equipment such as night vision goggles and lasers.

China accounts for almost 80 per cent of the global mined supply of rare earths and an even larger share in rare earth magnets used in wind turbines and electric car motors.

This week the US Commerce Department warned that any halt to China’s rare earth exports would cause “significant shocks” to US and foreign supply chains.

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These articles are the reason for the move;

https://www.cnbc.com/2019/06/06/rare-earths-why-europe-needs-to-monitor-chinas-threat.html

https://www.nytimes.com/reuters/2019/06/05/business/05reuters-usa-rareearths-pentagon-exclusive.html

https://www.reuters.com/article/us-usa-rareearths-pentagon-exclusive/exclusive-pentagon-eyes-rare-earth-supplies-in-africa-in-push-away-from-china-idUSKCN1T62S4

Basically the US Pentagon have been in contact and there is a scramble going on for their in production resource,

Some folk do spout some utter sh@t.

This is going to moon without the need of fantasy events.

Really can see 10p+ more this week perhaps a lot more if a hard line comes out from China which is expected any day.

Cash flow positive was before the sudden surge in REE prices that are likely only going higher.

North Amercians will be waking up soon and reading the NYT, CNBC & Reuters.

Likely be a very hot afternoon here.

Double figures today,

Global reach with those news reports.

North Americans will be buying when they pick up on those news releases when they wake up.

More from Reuter’s. https://twitter.com/keya5000/status/1136519934270410753

This will be taken over this year above the 52w high of 20p

Bagger at least today? Global eyes on this company now.

https://nyti.ms/2XoRkG4

https://www.cnbc.com/2019/06/06/rare-earths-why-europe-needs-to-monitor-chinas-threat.html

Market cap very cheap at these levels. REE situation only developing.

Trade war only just getting going.