Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
I quite agree MrT. News will be sooner than others are stating and looking at the facts then this will fly in my opinion. The science works and they have assembled a great team from around the world to get this proven and into production.
GLALTH
Bought back in today. Against my better judgement. Backing British technology. Make this work.
If you need help selling it then let me know.
DMcG, the loss was predoninantly due to the write of of the Australian well that was not commercial
"the total costs of £4,095,294 incurred on the Sasanof-1 Well were written off in full in the current year"
In addition there was a commission on the £1.3M placing at the beginning of this year of a further £174K
So on the whole the loss was in line with the previous year. There is no negativity at all in these well produced and presented Results.
I have been accumulating shares in UKR, not many I know but when I can I buy as a support for Ukraine.
The fact they are still producing and getting food products out is amazing considering all that is going on.
Keep going.
Agree with you. Not going anywhere this is a sound investment with real product, prospects and much future upside.
Welcome back Acker, hope you had a good week off.
Q3 is almost here and as you say it all starts from this point onwards.
No RNS again today. This is not boding well, hope I am wrong but the delay speaks volumes.
Really surprised that we have not had an RNS yet but it will come sooner rather than later, still time today or tomorrow.
And stayed Blue...hopefully not a Murray Walker comment!
Another good day! We just need to keep our heads and hold on to our hats.
IMO
Will probably be released on Thursday.
Given there half year runs from start of Dec to end of May and covers most of their busiest periods then at the current share price I can only see this going one way...Up. You can be assured that Steve will have learnt from the last couple of updates and make sure the focus is on the positives and progress made on his way to his dream of a £1Bn Mkt Cap business.
IMO GLALTH
One of the best factual and informative posts in a long while. Thanks you Peter.
I think there will be a challenge to growing the commercial sector for MMAG as the guy they brought in from ASDA to do this has left the business according to his Linked in profile.
Lets hope there is an update on what they are doing to grow this side of the business as they have always struggled when they are not dealing directly with the end consumer. We need good growth in sales, renting and or course margin, fingers crossed.
Hi Hunniford, Didn't go to the AGM as still working until this and few others come in!
Your calcs are correct 3p is £85,525,170 by the way. Just saying!
They have been doing that for days! They are trying to get people to sell. Hold Hold Hold!
I see this as very positive and keeps PREM in control of its own destiny. Sets us up for a positive and fruitful Q3 and Q4 this year and going forward into 2024.
Yeah great but can we have an RNS update please. His is the test plant build going. How is the testing going. How are the Bolivia deal going. Any update on the other Lith deals? Long time no speak.
This will all hinge on the trading update for the first 6 months of their FY due in a week or so, as I have said previously anything short of positive will be a big problem.
Time to really big this up and be brave Steve, you have a duty of care to your shareholders and staff, I have said that to you before. Remember?
I am a shareholder with a decent amount of shares. I want to know the % , the canmax deal situation, the upgrade fix state and the shipment forecast for this month. Everything else is just fluff. Liked the rise today but still smarting from the drop.
Just saying.
GLALTH. IMO
I agree Kutzz. Very shrewd move and quite a big commitment, they are all obviously in this for the greater good and bringing in the in country team to this is also very positive. Well done ORR BOD.