Member Info for Kickmuck

Hi Highveld, I think you're referring to my post about the negotiations being completed and ready to be signed off. I was just reporting what I had heard - the information about Dr Pham's options was correct and we will see how close to closing the deal we actually are later this week I hope. I'm sorry if you felt misled and perhaps your interpretation of my post was naïve but I did clearly point out that I had gleaned this information 2nd hand (10th hand I think I said), and I also added the caveat that it was of course not investment advice etc etc. I think it's OK to speculate on a message board like this, and discuss possibilities, but you are absolutely right that it is important to indicate when you are speculating.

As others have pointed out, you dont negotiate with the President.
The negotiations are done.
You also dont get to meet with the President if relations are not cordial and mutually beneficial - no one wants to entertain an aggrieved foreign business leader, least of all the President.
Today ratifies the new agreement and I suspect the RNS is already written.
Good times coming :)

Block buyer - 100K chunks. Someone quietly accumulating.
I'm liking the shape of the chart over the last couple of months - higher lows - and various technical indicators are looking good.

Thanks Flagstaff btw - nice interview ...repeating much of the stuff the market already knows, but reinforcing it.
However, mention of Burundi was conspicuous in its absence... but all eyes on GBs visit next week.

Thanks so much for the comments. I am back in here now - looking good for the AGM and I will be surprised if there is not a presentation like last year.
SP has been drifting on a quiet sea, but there's a favourable breeze picking up!!
Thanks also for the other one (RBW) - making a move now on very low volume - I owe you a large RUM!!!!! ;)
In fact, rums all round!!

Anyone else hearing positive noises re Burundi?
I’m also hearing (approx. 10th hand) that Dr Peter Pham has agreed to, shall we say, un package de remuneration tres revelateur….. Apparently, he had some choices but the option he chose instils great confidence…..
Not intended as investment advice, but revelations over the next week or so will confirm (or maybe debunk) my tenuous gossip channel.

Great questions FireAnt!!
The first q is related to shareprice and of course the concern is dilution. I would point out that GB has on more than one occasion eluded to multiple sources of funding, not necessarily just placings and I should also point out that the BOD own a significant % of the equity here.
The second question is moot; indeed there is a unprecedented and fast growing demand for rare earth metals with the collective green ambitions of many governments, industries and for all manner of applications. Therefore it is not surprising that supply is ramping up from many directions - that's just the way the world works. But this company has a number of things going for it which makes it a choice investment for exposure to that demand:
1) Near-term supply and established projects
2) Low capex/opex
3) Track record with supply chain - relationship with Thyssenrkupp and BOD pedigree
4) With Palabora, a really super location for exploitation as it's an established mining area with pretty much everything on the doorstep.

Going back to the "unprecedented" demand, I suppose a worthy "precedent" is the demand for coal in Europe and the US in the 1770s & 80s as the Industrial revolution got going. The Green revolution is just beginning and we cant buy enough of these and a couple of other choice stocks.
Good luck in your decision making.

Suffice to say, the IAEA guidelines are extremely thorough requiring a vast range of mitigation in the event of mining materials causing exposure, and therefore exemption is a huge cost saving.

Worth trawling through schedule 3 in this:
https://www-pub.iaea.org/MTCD/publications/PDF/Pub1578_web-57265295.pdf

"PUBLIC EXPOSURE
III.3. For public exposure, the dose limits are:
(a) An effective dose of 1 mSv in a year; (b) In special circumstances68, a higher value of effective dose in a single year could apply, provided that the average effective dose over five consecutive years does not exceed 1 mSv per year; (c) An equivalent dose to the lens of the eye of 15 mSv in a year; (d) An equivalent dose to the skin of 50 mSv in a year."

From today's news:
"The analysis conducted to date shows that the overall level of radioactive materials is low, with the phosphogypsum having less than 1Bq/g of radionuclides present, which is in line with the IAEA International guidelines for exemption from regulations pertaining to radioactivity."

1KBq = 1mSv
Not a complete explanation, but I'm still getting my head around it.....

SA & Zim were opportunities that we gladly took. Yes, spreads risk, but not in response to a present risk.
The BI thing is of no consequence, but needed to be RNS as material. The wise are buying here sub 30p.

Ref Eua
Oh my, we bought this morning.
We bought more- I know Burundi and that region - we sell plastics and crop-protection products there, & Rwanda & Uganda. A hold-up is part of the default. Particularly when they see there's huge amounts of money to be made - everything has to be shuffled and renegotiated and this is easy and right that they RNS'd it but usual - good that George is there now.
I love this one. Phalabora (and the Zim closures which we dont know about yet) more that eclipse the extraordinary Burundi licence anyway.
I have always had so much respect for George. This is EUA in Sept 2019. I've never been so excited about a company.

.

I'm not in PRE but I have so much respect for this company and your CEO - one of the good guys.
Best of luck to you all.

BTW - the reason I'm not in PRE is I have no spare cash at the moment, but if I did.......

!!

Super!
Thank you FlagStaffIR - you are beginning to redeem yourselves in my eyes.
Please continue telling the story with gusto as we pass 100mio mcap - for us we see most RBW investors are currently in the industry/investment community/in the know, with minimal current retail interest in RBW. Please keep banging the drum for the retail as there are significant opportunities in the REE field for a number of your clients, and our view is always that the purpose of listed companies if for a wide spectrum of shareholders to share in the growth.
Like you I am extremely enthused by the growth potential of this particular business and hope that many can share in what will be an extraordinary year for RBW.
Thank you once again for your work.
Champagne all round!!!

I dont want to sound entirely pessimistic, but it annoys me that PIs are persuaded to:
...hold for gold!
...patience is key!
...too many short termers here...
etc

The disingenuous ramping is a pathology of the social media age, where "truth" is no longer assured by a look in the eye or a firm handshake. Truth doesn't exist on platforms like this, and I know this because I have "believed"...

There are good opportunities for private investors to make money on the stock market, but this illiterate inertia where people tell you to hold on to your stock as its value drops is just not fair. It's playing on the psychology of possession and ownership: We stick up for our choices and welcome herd affirmations.

The best advice I ever got was to consider each morning that your stock wasn't in shares in a bunch of companies, but in cash: Where would you put it, today?

Look at the double-top in early December 2020. That's when they started offloading...

Super! Mac. Thank you for that.
....and thanks for the other one too. shhhhhh Like I said 45 days ago: RBW
The REE cycle is in an incredible ascendancy like commodities of old.
Everyone's jumping into RBW for the run up to half the valeu of Eua - something like 50p
As Tilly says frantically: Rums all round
Ha - we do Champagne over at RBW.... get in early Mac

This extraordinary business in East Africa (Burundi), licences in Zim and a blow-job-gift in SA is currently sat at 50mio mcap in an industry that's currently soaked in pre-cum and ready to spurt (admin???)
I step back from the trading.
I know these mines and I have good contacts in Limpopo and other mining districts.
I get stressed an upset to see the share price dip - aaaarghhh
But we know the business, the guys, and we know the directions and stragetgy.
And thanks to DoubleWhopper, we get to see how retail ebb and flo with the technicals.

Double whopper - it's not going to drop to 9.5 though. They're sat there (and one or 2 of mine have a few there), but I see the suck from 12 - it will bounce fast.

I mean, he buys stuff and just offloads regardless of the fundementals - they just have a % target

Yup Dartron, may well be a good explanation. They got those with a package of info about the next steps, so I didnt think they'd sell, but it's maybe a protocol -lots of these guys just follow a protocol on a myriad of stocks - I know, my brother is one.