Interesting stuff and very encouraging Baltic. Results are due soon and these difficult times the world finds itself in and the uncertainly its brought is probably the reason why the hand break has been on regarding the share price. Anything resembling positivity in the results report should see OMG starting to move north again.
Good luck to all holders.
Probably the best bit of advice you could give anyone about investing Bladey and certainly something that I've learnt over the years and has served me well. Don't get too greedy and always take a little off the table when you're winning.
Interest and the demand are there for sure NTFM and I don't think they're going away anytime soon....
https://www.bloomberg.com/news/articles/2021-02-26/biden-s-hopes-for-rare-earth-independence-at-least-a-decade-away
...for what RBW have can only increase. Good luck to you all !
https://www.bloomberg.com/news/articles/2021-02-26/biden-s-hopes-for-rare-earth-independence-at-least-a-decade-away
The positive RNS released this morning by MKA, another REE play may well have focused a little interest in this area. Both companies plus PRE, which is also up today, got news coverage within the past few weeks.
Interesting article that illustrates how worries about supply can affect the market, not just in Europe.
Also at the bottom of that page a link to another interesting article on Japan published today....Good luck to all holders.
https://www.argusmedia.com/en/news/2183354-china-rare-earth-shares-surge-after-burma-coup
Yeah the Chinese saw what was coming over 35 years ago and put a plan in place in order to secure and control the rare earth metal supply and the markets involved. They currently control the supply of 90% of all current rare metals available. I tried buying shares in this area years back but couldn't get in. The Americans are pinning their hopes on Round Top Mountain somewhere out near El Paso which they say could yield enough REM to practically make them self sufficient , but like you say this will take time and again a privately owned venture.
If people want to invest in this area it's certainly limited which makes RBW, despite it's location a very tempting and interesting option to get invested in this market, where I can only see the demand growing.
Great week last week with the share price doubling. Not unusual for a retrace with day traders and shorters cashing in.
Normally around 50% of the rise, so hoping for a bounce around 9- 9.5 if the main feeling across the market is still positive at this stage.
Still a way to go yet of course, but if the potential is realised then the gains will be significant.
I'm sure there will be plenty of discussions going on behind the scenes at this stage and any tie ups always take time.
Good luck to all holders.
I've been watching this guy Oldfinger and he posted a few of his chart views on medical shares and he posted this one in late November on N4Pharma. He posts for educational and entertainment only so itmay give you more of an insight into charts.
https://www.youtube.com/watch?v=4ZVh9l8Ez-U&t=2s
Not sure how accurate the 'buy' and 'sell' figures on here are but if they're accurate they look interesting. 180,000 pounds worth sold within roughly the last hour and the share price moves up significantly. Tells me shares are still in demand despite the heavy selling and thin on the ground ? Is an institution hoovering them up? Monday's opening price will no doubt tell us.
Exciting times for sure.