Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
ifonly, looking at the chart 'as if by miracle' despite no real bad news, oil at $79 and ftse at near highs, 'they' managed to close the gap in the chart circa 567p. See for yourself. I reckon and hope this should bounce back from here. Hope you make a packet mate, good luck
not worried ifonly, just pis*ed off with the constant cr*p this share gets subjected to. Wasted a long time with this share/company and sick to death of manipulation/autobots/attacks on decent company like this that get destroyed because of bs like this. This share should be �8 by now and would be
just wondered can anybody name a company that has had a sfo case against it that has had the s*it smashed out of it the way this company has? Didnt Amec amongast others get investigated and the shares drop literally nothing at all. Likewise so many others. Why is this company so hated?
plenty of potential upside here just the market will not allow it to happen. Maybe one day. Continually underperforms- absolutely no logical reason for a 15% drop in one week with ftse and oil at recent highs. Stuck with this for a while but out of patience
thats me out at 580, made a little but should/could have (always the way!) cashed out at around 6.50 as i planned. This share and company is an absolute shambles. The market hates it and I have had enough of trying to fight the tide with this one. Had a huge oil rally and market rally and this just sank and now look at it. Management here just do not do enough to defend shareholders and the share price imho, just fed up with this share and will look elsewhere fr now instead of just moaning about it all the time.
echo your sentiment blue which is why i am so confused that this is performing so badly. Given oil price and general sentiment in the sector this share should be flourishing yet it is just so weak at the moment. I am not expecting constant rallying but it should be doing so much better than this!
At least with this share when i got out at a loss in the 3's i made a sound call, a rarity for me. I hope for you guys this bounces back hard but i could never figure out what the investment case is because the rns statements are just total wishy washy nonsense. No facts or figures, numbers or meaningful information that you can base a decision on. I warned at the time that if Larry didn't pull his finger out and continues to give investors nonsensical information rather than something to get their teeth into this is completely uninvestable. Hopefully he will deliver but until then i wouldn't re enter even at this price
Strongly believe this still has plenty more legs. I will say that maybe we need some news? Given all the 'buzz and excitement' comments from the company i am surprised they have not been a bit more forthcoming with updates to keep the momentum going. Am sitting tight regardless. Think we are in a great place with oil above $80 as I type
All other oil related stocks up and this down again. Been a truly horrible investment for me this has. To think I sold PMO in 70's to buy into this garbage. Feel sorry for holders locked in at higher prices before SFO. To think this was �15 a share last time oil was around these prices and it is not like the company is peforming badly
Really makes no sense to me. This has been hit hard the last few days when oil stocks have been rallying. Of all times for this to fall makes no sense to me now whilst $80 a barrel is here and the potentially positive effects this will have on the business. Actually pretty annoyed with current performance tbh
you tell them Hawkey!! Hawkey... quick question seeing as you know G as well as anyone- and it's probably nothing...... but the bod are mentioning potential for 'adding assets/adding to portfolio' a lot recently. In the last few RNS i noticed the footnote has changed from 'Genel also continues to pursue further growth opportunities within the Middle East and Africa' to now 'Genel also continues to pursue further growth opportunities'. Why change the footnote? does this mean looking at outside MEA or is this just absolutely nothing? Seems a minor thing to tweak for no reason?
Cash increasing, payments increasing, debt wiped out by year end, Oil near $80, amongst lowest lifting costs out there, good management team, imagine if the gas was even valued in the share price (currently valued at nothing). Hopefully a great future here. Stupidly undervalued
yet more meaningless tripe/waffle.