Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
yup no logic this market atm.
Ever since the fed pumped the market, its not behaving as it should. I guess this is what you get.
Sooner people wake up and realise inflation is here to stay, the true value of gold will re-rate accordingly.
*taps fingers*
IAG taking a position on ORR?…….
Either way someone / body knows something is going to be announced soon
KV - i’m not here to be critiqued on my english, i’m here to make money!
Thanks for the mansplaining on the posts / badge - irdgaf (need help deciphering that one)?
I’ve expressed my opinion on what Argo should have done & you’ve given back nothing but churlish comments.
But thats fine i’ll get over it!
As you were
Thanks the_chuz - i thought it was for being douche lol
And_its_gone - thanks for that…. I’ll try to post ‘proper grammar’ in the future. To avoid triggering Karens…
Wow thanks for that insightful reply - so you write back to add another post to that tally of yours?
Whats the badge next to the name an accomplishment for?…… hhhmmmm
Put it this way KV-jelly i wouldn’t have undervalued Argo at that IPO price!
I guess you must be the guy who’s doing backflips & somersaults praising Pete’s brilliant handling of this farce?
Thanks Hexan for the RNS info in-put so the loss of 86 bitcoin - at todays price $42k thats not bad for both parties involved imo.
Argos objective is to scale up production and i feel there were better ways to go about this than Argo chose to do.
i feel its a massive own goal & gives the impression to me, Pete undervalued Argo not vice versa.
The people who wrote the cheque for that loan knew this was like ‘taking candy from a baby’.
Really looking forward to the next argo video posting.
10 years ago btc wouldn’t have been a tangible asset. Now it is and a fast appreciating one as well!
In todays world theres awash of cheap low interest rates out there for business’s to raise capital.
All the banks would be fighting hand over foot for Argo to use them as their creditor.
Instead Argo decides to get shafted (well shareholders) with this IPO.
Effectively we’ve given 50% away to date on todays SP to give the luxury of being on the ‘NASDAQ’ whoop whoop
Really!!?? @Hereshopin
Are you a qualified banker or something??
50% discount rate lol
Gone to a bank and got a loan instead - used the BTC mined as guarantee of loan.
Once Texas facility was built & new rigs up and running, THEN LIST on the Nasdaq!
This whole execution of the IPO was a total balls-up & has knocked the wind out of sails. Long term we all know Argo is a winner.
Just a rant / vent thats all
just a shame ORR cant issue a RNS stating this share is undervalued lol
(reference the ‘speeding’ ticket rns)
Still waiting on the three holes drilled into Fare Far South to be announced.
These i’m looking forward to the most :D
hhhmmm anyone notice what was behind Bob? 100% know it’s Oriole as Bob said hes in the office.
Now i know the last time background pictures gave clues / teasers of whats to come was when, the GGP geologist have geographic anomalies on a map (which hadn’t been disclosed / reported).
I’m thinking it’s something to do with Senegal as TL had alluded that multiple satellites could be a new district of open pit mines to feed Boto.
thoughts people?
Hi Steve,
taken from the rns August 19th
‘ Finally, the Company continues to pursue the repayment of an outstanding liability from former Turkish partner NTF Insaat Ticaret Limited Sirketi ('NTF') (announcement dated 27 February 2018). In 2017, the Company was required to pay back-taxes and interest of £0.7m on behalf in NTF and has been seeking repayment through the Turkish legal system since then. Review of the Company's claim is pending the outcome of an antecedent case involving NTF, scheduled for September 2020. Updates on the matter will be made as soon as they become available.’
no doubt if interest was added to the sum owed, this would be a million plus easily!
Brilliant stuff, i’ve posted the url to both orr telegram groups.
thanks
Anyone read Pemex had another incident at one of their oil rigs on Sunday?
https://www.reuters.com/business/energy/one-dead-five-missing-after-pemex-offshore-platform-fire-2021-08-23/
Seriously Mexican government needs to reverse their decision, and award the license back to Talos & Harbour… tut tut tut
Be nice if a rns lands saying the million(s) owed to ORR have been obtained. that’ll cover next years drilling exploration.
One thing TL has alluded to, that to me is another little clue (breadcrumb) being dropped is. The Lassonde curve….
ORR is at the ‘digging stage’ once the ‘speculation phase’ kicks in ORR will be off to the races.
Still confident by xmas 3p is doable.
Patience is just needed & sitting on numb hands / averaging down.
ATB
assumed my first post wasn’t posted, no intention to RAMP lol
Fare-far-south still has 4 more holes with results to be announced…..
Really looking forward to see what is reported, as so far the ‘spectacular’ results (TL has smiled about) has been in this area.
Possibly held back to be announced on a separate RNS? ;)