Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Think it will trade the same as yesterday.....drop until around 15h30 and then start picking up again to close around 4,75
I think there is a massive buy order being worked in the background. And the buyer probably has a buy price around 5p, and as such the MM's are playing the price to accumulate stock to be able to execute this buy order. We should however see if this is true by end of play today with any delayed buys (same as yesterday). Once it's executed in full the shackles should be released.
I can appreciate you are down at present, but surely you didn't just buy because of the hype around the share today?
You obviously read the RNS and understood the intrinsic value attached to it, and as such are not worried that it's now down from where you purchased earlier because over the next few weeks the true value of this share will shine through.....
The fact is that they will be getting £40m for half of the business, which will give them the opportunity to further expand. Furthermore they will also be getting business through their new investors which will further enhance the value.
So let us be a bit patient and see what the next week brings.....
I might off course be totally wrong and you just bought a dud and now will be loosing all your money :)
I think they are both questionable characters at best. This can be seenwith PCGE.....and other companies they have been involved with in the past. They will look after themselves first before thinking about any PI's....
However that doesn't stop them from making a success from any future ventures (VLRM). It is up to any individual to decide if they want to take the risk of investing in any company that these guys are involved with. I for one got burned with PCGE as with so many other so called lifestyle companies I have invested in over the years. However I have also got some of them right and made my fair share and for that reason I am and will be further investing in VLRM as the opportunity it gives you is potentially massive.....
Sorry, I might be stupid but I don't understand how he can use it for his own gains? Other than knowing there is a low free float but we all know that. Maybe use it to trade at specific times? Not sure.....
How?
I can’t find the group, does it use a different name?
Once you 2 stop bickering, you might actually see it’s on the move again.....
I always have the philosophy that if I don’t get along with someone, I just try eliminate any contact with that person....maybe worth trying in your instance ;)
And this is what happens when there no shares available....up 40% on 3 trades.....
Bought £2k worth at the end of the day......please now rise out of the ashes....
Just added another £2k to my existing shares..... Let it rise out of the ashes
This is what you call a great random statement......
Have to disagree. The rise was purely on the back of the crypto news.....the fact that it went down to around 3 from its heights is as e result of it correcting itself......the fall on the news is of the delay on the court case is the MM’s taking the mickey out of inexperienced traders......
This is the bit I’m interested in and I think also most others invested here recently:
Francesco Gardin, Executive Chairman and CEO of Clear Leisure, commented, “Given the advanced stage of the process, the remaining legal work will require very limited involvement of the Company’s management, allowing the main focus of the Company to be its new cryptocurrencies investment strategy.”
Let’s rock on......
I do really like MODE and have invested heavily, but for now I think we are going to be kept at these levels. There is definitely still a seller and it's keeping us back. Also I do think people would want to see some decent figures (financials) around the actual fees being paid. But medium to long term this is definitely a winner. I feel if you could hold on to this for 5 years one might find that you have a return of 10+ fold you're original investment. Bitcoin (Crypto) is growing not only in value but also in stature and more institutions are getting involved everyday as they know if they don't they will miss out. With that in mind we are in the perfect position to capitalise from that. Especially if they can form a banking system around their app.
So as the current deadline set by the management is tomorrow, are we at least expecting an RNS to tell us of further delays or will this just be left to run until we either get the license renewal or not? I'm not expecting us not to get it, just to be clear......I'm just thinking about timing and all of that....
So worth around 6m but owed 10m in cash...not a bad start... ;)
Not at all...I was one of those that bought in this morning on the back of his message ;)