Member Info for Kiwi_

Comanche, nice find mate. Adding to that:

Defense reform and a new annual defense budget of $719 billion for 2019

;)

https://www.dla.mil/AboutDLA/News/NewsArticleView/Article/1645605/reform-new-budget-to-increase-demand-for-dla-supplies-services/

http://investing.thisismoney.co.uk/broker-views/index/date/07-06-2019/

Investment analysts at Align Research began coverage on shares of Rainbow Rare Earths (LON:RBW) in a report released on Friday, ThisIsMoney.Co.Uk reports. The brokerage set a “conviction-buy” rating and a GBX 11 ($0.14) price target on the stock. Align Research’s price objective indicates a potential upside of 53.85% from the stock’s current price.

Shares of RBW opened at GBX 7.15 ($0.09) on Friday. The firm has a market capitalization of $14.86 million and a price-to-earnings ratio of -2.47. Rainbow Rare Earths has a fifty-two week low of GBX 1.55 ($0.02) and a fifty-two week high of GBX 19.20 ($0.25). The company has a current ratio of 0.28, a quick ratio of 0.10 and a debt-to-equity ratio of 10.28.

https://sundanceherald.com/2019/06/09/rainbow-rare-earths-lonrbw-now-covered-by-align-research.html

As US-China trade tensions deepen, the US looks to Africa and other sources for rare earth metals

At present, China possesses around one-third of all rare earth deposits, but controls over 90 percent of its production, largely because it has more lax environmental laws as well as cheaper labour costs

http://theindependent.sg/as-us-china-trade-tensions-deepen-the-us-looks-to-africa-and-other-sources-for-rare-earth-metals/

Trek, I think Wesfamers will do what Wesfarmers will do lol. Who know's mate, it is an interesting play either way. I would be surprised if there was no takeover bid, what many are missing as I pointed out REE Prices from $235 per Kg to $1508 per Kg within weeks of where it remained for a year before still maintaining $1190 per year. All because of a spat between China and Japan, look at today's REE prices and the current movements over the lat couple of weeks.

Time will tell

I have poured several hours over the takeover question and here is what I can draw from the current geo political situation with 207 million shares in issue. The previous REE spat between China and Japan saw the price of REEs (specifically the magnet types of which we are producing) explode from $235 per Kg to an eye watering $1508 Kg. All within months, the following year even when it cooled off still averaged $1190 per Kg. The trade war will not go away anytime soon, moreover the US will do everything in it's power to prevent other countries obtaining leverage over them. Furthermore recently Lynas (the only other listed REE producer outside of China) rejected a $1.1 Billion USD takeover bid, that was in March this year. Australian listed company Lynas, unfortunately for them has risk in that their processing licence in Malaysia that is due for renewal in September this year may not receive it due to contamination in the local areas. This could disrupt production further exacerbating REE prices.

Ask yourself this, what is £207 Million to the likes of Wesfarmers that recently offered $1.1 Billion to Lynas that carries aformentioned risks? With multiple pits coming into production this year and current soaring REE prices anything is possible, we are by all means not there yet so do not be putting the house on it as it does after all carry obvious risks. But if China decides to cut off REE supply well..... ;)

Arden Partners 19p

Allign Research 10.5p (Initial coverage) Conviction Buy

Nice to see it has been on thisismoney.co.uk

https://rocklandregister.com/2019/06/08/rainbow-rare-earths-rbw-receives-new-coverage-from-analysts-at-align-research.html

Here is the link:

https://www.marketscreener.com/RAINBOW-RARE-EARTHS-LTD-33647072/company/

Name Equities %
Adonis Pouroulis, 47,848,861 25.5%
Legal & General Investment Management Ltd. 10,443,571 5.56%
Shawn McCormick 8,705,470 4.63%
Miton Asset Management Ltd. 8,602,142 4.58%
Alexander Lowrie 4,963,459 2.64%
BlackRock Investment Management (UK) Ltd. 4,623,331 2.46%
Robert Archibald Gilchrist Sinclair 3,971,246 2.11%
Martin Eales 2,257,299 1.20%
Hargreave Hale Ltd. 1,383,083 0.74%
Cesare Morelli 1,249,680 0.67%

So that is where the volume has been going, BlackRock Investment Management (UK) Ltd. No wonder the MMs have had to shake it about

WOWSERS! Nice find mate, here we have hints of our very first new Institutional Investor loading up with a possible RNS Monday. None other than BlackRock Investment Management (UK) Ltd that have accumlated just below the 3% threshold WITH: 4,623,331 Million shares 2.46% of shares in issue.

I wouldn't rule out a £50 Million market cap, this was £15.2 million just on IPO. As of today we are less than IPO price, the only reason this dropped from 20p was due to the death spiral finance. I can't see any reason why we wouldn't return to those levels quite quickly due to the removal of death spiral and recent developments with the US Government, this is a takeover target if ever I saw one.

Here is the link:

https://regionweek.com/the-united-states-eyeing-rare-earths-minerals-from-burundi-and-malawi/

News continues into the weekend, from an hour ago:

The United States eyeing Rare Earths Minerals from Burundi and Malawi.

The US Department of Defense is exploring opportunities to purchase rare earth metals, vital for the country’s weapons industry, from African countries after ominous reports that China may cut the supply chain, Reuters has confirmed.
Washington is currently in talks with rare earth miners from Malawi and Burundi with the initial negotiations seen as an attempt to seek new sources of crucial supplies outside China, which accounts for 80 percent of US imports of the material, Reuters added.

“We are looking for any source of supply outside China. We want diversity. We don’t want a single-source producer,” Jason Nie, a materials engineer with the Pentagon’s Defense Logistics Agency, said.

According to US Geological Survey data, China accounts for roughly 80 percent of US imports of rare earths, which are critical to the production of cutting-edge weapons and high-tech products.

Burundi’s mining company Rainbow Rare Earth’s is on the radar with the US to strike a deal in order to supply additional rare earth minerals in case China proceeded with the ban of Rare Earth minerals ban to the US.

Related: Burundi among top 10 countries producing Rare Earths minerals.

Reuters reports that the U.S. Defense Logistics Agency (DLA) held talks with the Burundi-based company, Rainbow Rare Earth( currently mining the rare Earth in Gakara project, western Burundi) for future supplies.

Rare earth minerals are used in various industries to manufactures mobile phones hardware, weaponry industries, automobiles, etc.

Volume over the last 8 trading sessions: 126.6 Million shares, over 60% of the shares in issue in total. Wait for those holdings RNSs, they will arrive in good time.

I'm expecting a strategic review with rapid expansion in production here and that is why we have not received an RNS as yet, I think the next RNS to be a real game changer with details regarding talks with various parties including the US Govenment's Department of Defense plus others. I would expect a statement also regarding the ramp up of production.

For a start we can expect a likely increase in production from the MURAMBI mine following construction of the haul road and waste dump.

In addition to the opening up of mining areas in KIYENZI and GOMVYI as planned. I would say many new stake holders would be in talks with the company since news broke over the last week. Plus as mentioned I expect a holdings RNS or two.

I'm expecting a strategic review with rapid expansion in production here and that is why we have not received an RNS as yet, I think the next RNS to be a real game changer with details regarding talks with various parties including the US Govenment's Department of Defense plus others. I would expect a statement also regarding the ramp up of production.

For a start we can expect a likely increase in production from the MURAMBI mine following construction of the haul road and waste dump.

In addition to the opening up of mining areas in KIYENZI and GOMVYI as planned. I would say many new stake holders would be in talks with the company since news broke over the last week. Plus as mentioned I expect a holdings RNS or two.

Hallelujah! Thank you Jesus! What a fantastic end to the week.

Break Out into close! May test today's high!

;)