Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Usedink, What’s the problem with Share Centre?
Afternoon TF1 my money is on major news Sunday evening UK time with a Simon Thompson follow up article on MTR next week in the Investors Chronicle.
Agreed can also sell £46k at the same price! Good to see demand continues.
Can now get a sell price for £80k worth of stock at 20.9p per share. Very difficult to get a buy price for anything meaningful!
Once the MRE on A4 comes out it would be nice to see some strong PR coming out from MTR on the on the royalty stream. In my opinion this should cover; future income, balance sheet valuation and the icing on the cake a statement that we intend to return cash to shareholders in the form of a dividend of x% on an annual basis. Also an updated article by ST of the FT/IC.
I am still here TF1. We all know what’s coming. I guess many traders are chasing the next rainbow. Our time will come.
G15 COVID will have put it back. The MRE will probably be released prior to the quarterly update on the 28th October.
Correct TF1.
Afternoon TF1. It was bound to happen. MTR will have made a good profit. They hold loads of warrants that I am sure they will hold for the time being. I am sure the cash will be used for further investments or WC requirements for KML. They may even be buying SFR shares in anticipation of the MRE?
DP If I was involved then I would dump the holding in THR.
Just speculating whether the next quarterly updates will have the long awaited MRE for A4. Looking back at the previous quarterlies they all appear to have been classified as price sensitive. I guess we will soon find out.
Well TF1 I can sell 325,000 shares in one go so someone must want the stock!
Correct Ragnar all uncapped at 2%. T3 capped at $2m.
You are like a stuck record!
Hi JJB, unfortunately MTR do not control Sandfire’s news flow. I would imagine that we are close to a release but KS of SFR may want to package it with other news to create an impact. I guess we will see.
Yawn you’re back!
Evening Keith, most likely the first or second week of November. SFR will be making a major presentation to the market. Interesting to see the short position on SFR has nearly been closed and Goldman Sachs have changed their sell position to neutral!
Evening TF1, it is shown on ADVFN under the list of trades.
Can now sell 200,000 at around 22p. So Hydrogen is probably right in that there is a large order looking to be filled!