Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
"darn... I responded... can't wait for the reply... whoops there it is..." Are you in any way a blood relative of dbno...? I spot some similarities...
Oh... its me then... Yaay I win... in your face rob... Google "sell on news" gusher80... It is a common phenomenon... And I take any opportunity to use the word "phenomenon" as it is underused, and phenomenal... And yes, I think 15% in 2 weeks is kinda good... :o)
I thought he was talking to his wife about the pet gerbil... How can anyone not like either of us... Its impossible... :o)
It has been rising daily for the last few weeks, so this RNS was largely priced in... 15% in a couple of weeks is good going... Expect slippage between news as usual... Wouldn't be surprised if it closes negative today... Let the games play out and the fundamentals will prevail... rob got the spike spot on 230.00...
After I saw the Xmas trading report news, I bought a chunk of Deb about 0.28 and sold them the next day for a quick flip, but that's all I have done this year... Oh, and I bought a tiny bit of WSG but that was just cos I was bored... :o) I need to find something liquid to play with, but I need to just look for a while and see what's happening... Wonder how CLLN will play out... My brain really isn't in trading mode...
Has dbno disappeared...? I missed out on about 15k with that 190 sell last year... I can even remember me saying to you in late December that I wasn't gonna trade it again before results... Why didn't I listen to myself... :o) You must be looking healthy now...
Hey rob... Hows it going Looking at how strong it has been last few weeks it looks like everyone is anticipating a good report tomorrow... After my epic timing fail last year I will have to sit it out for now and see what unfolds... That's the danger of trading on the swings... Don't think anyone will see 168 too soon :O)
What a run... :o)
Inventory data was twice the drawdown as was expected at 6.5 million barrels (from memory watching Bloomberg) Seems that did the trick... Grrrrrrrrrrr
192.70 Yeoow
Thanks...We do now... https://www.eia.gov/petroleum/supply/weekly/
OK.. US open.. see what happens... 189.70
Ha Ha... I gave myself a little kick that I didn't wait another 1 hour, but profit is profit... As of now, you have effectively saved 0.88% on the little drop back... Just allow for trading costs and you can up your share holdings when you buy back in lower... I think of it like kinda going short.. selling and buying back lower... It doesn't always go to plan though... Just ask dbno... :o)
It looks like the Jefferies rating has kept it up today... When the pipeline crack is sorted it might give an opportunity to get back in... TLW still holding at 190.00 though... 185.. Maybe if there is a sell off as usual towards close...
Rob.. you trader ... :o)
What a difference an hour makes... 191.30 Thats an extra £1,000 I missed out on :o)
https://www.digitallook.com/news/broker-recommendations/jefferies-upgrades-oil-price-forecasts-and-tullow-shares--3038934.html Jefferies upgraded Tullow today... and Tullow looking kinda strong... OK, Thats it... No more Tullow or now... :o)
Cheers rob... Tell the truth I wasn't intending to get back in, but I couldn't resist last Friday's drop and ended up getting about 70k worth just before close... Wanted to clear out so I can relax over the holidays without thinking about shares... Hope you and the family have a good one... I'll be back :o)
OK guys, I'm out... Will be back on the swings... Have a good time over the holidays, and hope everyone prospers in 2018... (Watch it fly now.. :o))
Looking gooder 189.40 (+3.781) Lets see if she holds