Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
There's a reason the stock isn't pushing on and retracing back up to the high teens.
The market believes that regardless of today's positive update (with caveats) cheap stock will arrive in the form of an already discussed 'Potential' placing.
As others have mentioned previously, a price around the 10p level was possibly penciled in when the stock was trading in the twenties. The way the share price was smashed in with such confidence from some larger (Boutique Players) suggests so.
I hope they get financed and I hope they land some contracts - just my thoughts.
GLA
Think I'll make my stock unavailable for stock borrow.
What do you think his game plan is here Bladey?
So far, he's put money up, no doubt had some wages, and is offside on his £3m plus he's put in.
The Russel Ductile site in S****horpe is up for sale at £1.25M at present, with a view to enter into a sale and leaseback arrangement.
The Walsall site is surrounded by residential housing, so could be flattened and built upon.
I wonder whether the angle is to asset strip it? Or push on with the new company direction?
Early_Bird - couldn't agree more!
It certainly looks and feels like a leak doesn't it?
Which would suggest a serious amount of insider trading has been going on.
I would love to go for a pint with Del Boy!
If nothing more to get me away from this Daily Beating in ODX!
Bloke down the Pub said these would be a quid by Feb, and that by next Year we'd be Millionaires!
It just puts investors off.
The MM's love the spread - money in the bank all day long.
If it narrowed, the volume would increase in a major way.
The spread yet again is a disgrace !!
Agreed.
MHC is not just a one-trick Pony, nor completely reliant on the Covid story.
I think the stock is due a re-rating and I'm glad I've amassed a decent-sized position down at these levels.
Great update!!
I made the point to highlight the fact that they're not well offered and therefore not as flat on the day as the price would suggest.
Perhaps a seller down at these levels finished? Perhaps PEEL sat on the offer trying hard to get a seller on or buy the last of the cheap stock?
Bore off mate.
I want to own them.
I want to buy them when they're not offered.
The 13 offer is BS
I just paid 13.18 for 10k like a mug.
Totally agree.
Let's see the stock down as far as it goes. then certain folk on here can say 'Told you so' and move on.
I've got no problem with people being long or short - make the money how you want - that's what we're here for, that makes a market.
But this constant BS/Mystic Meg Crystal Ball nonsense is exhausting.
Before someone tells me to do so, I will sling my hook and do something a little more positive today.
" Locked in"
Too right.
Been in the Job a day, and everyone wants a pound of flesh.
Plus, he'll be polishing his shoes and getting his overnight bag ready for the trade show in Dubai - hopefully, get some orders in the locked-in.
Is he perhaps on a plane to the Trade show in Dubai?