Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Why was he not asked why the placing was so cheap and also how do shareholders feel and yet again the words it going to be a exciting year?????? (Rubbish) and we pay for this media as well.Whos left to convince as it’s just pointless repeating what the RNS has stated whoopee we have Baja as partners when in fact we are hangers on to a measly 16% so who’s really in control of the so call partnership (incompetence again)
Still angry about the last placing as all there talks and RNS were referring to being cash positive and drill one well and that will pay for next and so on also non investment in the last 6% of Arkoma which saved us around $250000 and we still don’t know profit per barrel.??? They were lucky to find Baja and I reckon Baja have sussed them out as incompetent hence making the demands for upfront payments which you have to respect they out smarted JB/AC they not the first to have done this by the way there’s a list that’s very long. Gem, pine hills and remember that placing with the yanks who sold straight away and bombed the share as well this is just a couple.I feel like they Boss Hogg and Rossco chasing the General lee and looking like d-cks all the time
He’s a brave man over email I wish he would say that to us all in a shareholders meeting in the UK he has treated all long term shareholders disgracefully who tried to keep the faith by not selling.like I’ve said previously he said the same to me so he must be doing a copy and paste response because he’s a very clever man you know (not)
Yes he didn’t like it when I listed all of there failures and he thought my email was disgraceful because I dared to call him out on it he has such arrogance that I would like the opportunity to say my points face to face to him at a shareholders meeting in the UK but both of them would bottle it but I’m kicking myself now I didn’t go to the presentations and its amazing they didn’t mention needing money then did they in a crowded room .?????
My response from JB in a email is if I’m I’m not happy with Mosman I’m entitled to sell my shares at anytime also stated he had lots of emails of surpport for what they have done ????? Take it he means family,friends,brokers inside trading maybe??? So yes new investors are on board and are going to back them but look at what they have done previously from a share high of 52p to this price now and this screams of a compentant board who have failed on so many levels and keep rewarding themselves.I wish I could sell but It’s just not worth it as the lost will be to great but I will keep emailing just because I’m allowed to as a shareholder to stick it to him and next shareholders meeting should be in UK so they can face the majority of shareholders.
Every email I get from JB is his self entitlement to the high fees in one email he stated do you expect us to work for free.They both are just skimming as much as possible from the company before it folds and move on to another company.The company is being held back by no other than those 2 ridiculously high fees con artists,carpet baggers, snake oil salesmen
Don’t tell me they bringing back the muppets ??? I do hope they have the next shareholders meeting over here and not in a cosy room in Australia with just the 2 of them as they are co-w-ards come to the UK and see how happy your investors are.By the way fatty is Deffo reading these posts
Spray For all your constant defending of JB/AC surly now you have to admit they are incompetent and it’s just a lifestyle company for both of them on the back of shareholders money.Name one real success and not a what if that they have achieved in 5 years.nowt just money put in there pockets for consultants fees a company could sue for incompetent advice if it was as bad as what these 2 have produced.Ive lost to much to sell but I hope bad karma on those 2 cowboys
Absolutely a disgraceful RNS these 2 are out for themselves and not shareholder value and that is what the market is seeing they have continually lead investors along and now they are lining there own pockets and yes another permit released and let’s bet the great Aussie permit will go just like the great kiwi permit which was just to amazing to believe but no one in the industry wanted to be apart of or was it being apart of circus that these 2 clowns are running
Just highlights the incompetence of JB/AC again nearly $500,000 down the drain as there is no guarantee we will even get the loan back and how comical saying that JB has been paid by Gem not Mosman for his time I should bloody well hope so as well as it was only ment to be a share investment in the beginning but yet again they got conned and this is why the market has a dim view of Mosman due to the constant failures of JB/AC and the way they treat shareholders money with rubbish investments and outrageously high fees
Spary Weather it’s in British pounds,US dollars,Australian dollars it’s still ridiculously high what they are paying themselves so I don’t get your point as it’s quite easy for you to covert yourself from the figures provided
Well I did a bit more digging on the wages and consultants fees for both JB/AC so starting from 2013 JB = $144,000 AC= $75,000 2014 JB =$279,000 AC =$253,000 2015 JB = $262,500 AC= $419,818 2016 JB =$295,000 AC= $346,000 2017 JB =$287,500 AC=$290,000 So far this adds up to JB = $1,271,500 AC= $1,384,315 I’ve not added in for 2018 yet as the accounts are out in November.In my opinion this is one of the major reasons the market is not reacting to the news we are providing the company is going forward and it makes Mosman look like a lifestyle company for the board.