Member Info for m_wall

I understand the disquiet, It can take up to a year for companies to relist on AIM. Sigmaroc and the [now defunct] Cradle Arc relisted after an interminable length of time. I've only got a little holding here but I'm optimistic the company will return on AIM in some shape or form. It's not time yet for the gold price to do its thing, but when it does, Tally could do quite well.

Solgold have newcrest and BHP building up stakes, sorry -- strategic investments -- with a view to gaining majority stakes and realizing the full potential that exist in the mines in Ecuador. There's no reason why Grupo mexico (Southern copper) can't 'invest' in BCN. Seems daft not too at this stage, but who knows what's going to happen and where things will lead to.

Just selling the news for short term gain. Happens with all shares.

Well if it was in my backyard, I'd want it too. Grupo Mexico are of the same mindset.

Read Art of the Deal and you'll see how Trump's brain works. The oriental brain is wired differently and they tend to play the long game and employ circuitous reasoning. A Sino-US deal will be done, but it may not be until 2020/21.

The French do it all the time.

As for the SP, it appears to be stuck on LSE currently. It is lower @ 128.64 currently.

Porvenir was always going to come up trumps.

What a share.

According to Proactive Investors:

'Rainbow Rare Earths Ltd (LON:RBW) has secured a new funding agreement with its major shareholder, Pella Ventures.

Pella has given Rainbow an unsecured 12-month 15% loan of US$700,000 to support the rare earth element mining company’s development and operations.

In addition, Rainbow has agreed with The Lind Partners to suspend any further tranches under the existing equity drawdown facility first announced on 28 January 2019.'

Grupo Mexico (Southern Copper Corp) wants some lithium action. BCN gives them that opportunity, as it's in their backyard. I'm not saying a takeover is imminent, but some tie-up is on the cards, probably this year.

Found it:-

FOR IMMEDIATE RELEASE 1 March 2019

Rainbow Rare Earths Ltd ('Rainbow' or 'the Company') (LSE: RBW)

Allotment of new shares

Rainbow announces that the Company has allotted a total of 3,425,728 new ordinary shares of no par value ('Ordinary Shares') in satisfaction of the first drawdown of US$100k under the facility announced on 25 January 2019 with a fund managed by The Lind Partners LLC.

The new Ordinary Shares rank pari passu with the Company's existing issued Ordinary Shares and application has been made for the Ordinary Shares to be admitted to the Main Market of the London Stock Exchange. Dealings are expected to commence on 8 March 2018.

FOR IMMEDIATE RELEASE

1 March 2019



Back in early March 2019 RBW announced that the company had allotted three and a half million new ordinary shares under the first $100,000 Lind drawdown if memory serves me right.

Certain commodities are forecast to go through the roof in the coming few years, so SSX is a good medium term bet, and the big funds are well aware of the coming trend.

Heat pumps? They're not good enough, with an energy coefficient of 3. Plus they're expensive to install. Most countries that have them in the northern hemisphere have secondary heating systems for the winter months. Lithium and graphite and rare earths are going to be needed by the mountain-load in the coming years, that's true, but you just can't beat fossil fuels for their sheer energy denseness for central heating in the northern hemisphere at least for the next decade or two.

18p

Yeah, this company will effectively become a 'US' owned asset by 2025. Multi-nutrient fertilizers will be like gold dust by then.

German car makers could be blind-sided by cheaper Chinese EVs coming into European markets, and severely undercutting European models by up to 40%. And these Chinese EVs will be reasonably good and affordable -- not cheap rubbish. So European car manufacturers and their associated supply chains/Lithium infrastructures need to get their fingers out pronto.

£39 billion was about how much money the government had to find to pay off their sovereign debt interest in the tax year 2016-2017

Ramping may have some validation IF the price of gold goes up substantially. It's as simple as that.

Oh come on, they're amusing, especially whenever I see references to 'smart money'. The majors are getting their acts together with regards to copper and the next industrial revolution, so things are starting to converge in the right direction.

The big question is, will other parties come into the fray and will there be a counter bid.

This 'offer' is pretty derisory.