Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
space cadets as management, no numbers, no facts, no info, have no idea what i was thinking buying into this. Good luck to those that stick with it hope it multibags at some point
This company is a joke. Wish i never touched it. Actually followed Baron day trading in on this one and boy did i get it wrong. This was always a punt for me but the way this outfit have conducted business and communication is disgraceful. No matter what the news is, hopefully good (but likely bad- yet again) I am out of this. I dont like the management or the cloke and daggers complete b^^lshit that surrounds this, no update or numbers, complete fairytales and tripe from 'Larry', suspensions, name changes, bad accounts, more fool me for not getting out sooner. I am well and truly hacked off here and feel conned. They have known for a long time news here is urgently URGENTLY needed and NO MORE BU^^LSHIT yet they have now crushed the share price to the point that confidence probably will never return
Ive been in and out of this for the past year now. Currently out and it seems like this could be at a tipping point either way. I am surprised this isnt higher but when does everybody expect this to perform or will it stay here forever or until sfo sorted. Just seems like the market bullies this company
I took a small amount here below placing price, obviously sounds like i am moaning/deramping but is anyone else here thinking the same as me i.e ffs can you just release some information about what the heck is going on here??? Been 6 months of rubbish spouted from the board, suspension, c^^p about visionary and what not....I'm now like seriously what the heck is going on just give us some information and stop talking cr^p
What is this actually falling on though? Has it not dropped enough... every day it drops 2-5% on nothing. What is this following or tracking?
jeez this is on its a**. Likely to bounce from here or not? Seems like it just wont stop dropping. What is fair value given current situation? Seems oversold but i am normally wrong!
Can anybody explain why this is looking so weak given results and why it has fallen back again the last couple of days specifically? Thanks
This is the biggest piece of s**t corrupt pile of misery I have ever had the misfortune to get involved with. Trash just like the rest of the oil companies i've bought over the years but with added corruption and sickening disregard for any PI that has been unfortunate enough to get involved. Been hanging on to the shares I have left thinking maybe just maybe..... I'm now at the stage where just don't care anymore and may as well sell so I don't feel dirty holding one share in this godforsaken scumbag dog of a share. In one year after wiping out investors they still continue screwing us over never ends
No de-ramp or ramp intended here. Just saying I sold out at a huge loss a couple weeks ago- around the same sort of price as here. Wasted 18 months on this and stuck with it. The management here are a lying useless bunch of incompetent f**ks. I say this just through sheer frustration. Truth be told i was looking for a brief up-tick to get out and it never came. All they had to do was steady/increase production slightly in order to see out the oil depression. Instead they kept throwing money away on failed exploration and a disastrous WF project whilst taking huge pay packets for the privilege. So much for projects 'perfect suited to this low oil price environment'. They couldn't even get WF to work. They sure strung me along thats for sure. Doing absolutely all they could to cover up facts and withhold any and all information until it was too late and here we are now. Now i'm out maybe there will be some kind of miraculous recovery bailout package or something which was what I had hoped for for so long!. Rick and the mgmt here are scum and although they will ride off in to the sunset with my money I can only hope one day people like them get there karma. They never even tried to turn this ship round. Who would employ them after this god knows. But it's not over till its over and I hope something is pulled out the bag for those remaining. Good luck all and thanks for those that have contributed to this thread who kept me more informed than management have over the years!
1. buysellfred. 2. No1Scarlet. 3. JFTaylor I am absolutely sick and tired of this company and management treating us like idiots. We are screwed but what the heck I am down anyway
This management team are scum. How they are getting away with this is anyone's guess. For the last 3 years they have run this company for their own pay cheques whilst fooling PI's into believing they are trying to turn it around. I lose sleep at night cursing the moment I bought into this farcical outfit and why in gods earth I didnt sell at 1.6p I'll never know. Just waiting for the inevitable now as Rick has sealed the company fate with the latest disastrous project. Us PIs are treated with complete disregard and contempt. Nothing more than 2 lines in today's rns to describe why performance is cr*p and why the company is on it's knees thanks to them. I just hope they one day get their own comeuppance, absolute shysters. Can't even address us properly and explain what the h*ll they are doing and how they are trying to fix this mess