Member Info for MrMarketMaker

The market will start pushing this back up to a reasonable level ahead of co2 EOR operations starting.

We are over the worst and now the opposite will happen (nice uptrend and going up daily , week on week , month on month) and if we get news on any of our other projects in between then this will multi multi bag very quickly.

Got my target holding here and now just have to be patient and watch it all play out.

ATB everyone

Time to buy - the bod paid 3p for 5.5m shares (£165,000 worth).

Can currently buy 11% lower than them.

Right up your ....

Fantastic interview - he seems ultra confident . Kiyenzi looks like it will huge on its own by supporting a 10 year mins life on its own

Shouldn’t be long at all :-

- Additional drill cores amounting to more than 1,000m sent for analysis to enable rapid evaluation and formulation of comprehensive Mineral Resource Statement

If we have good news from those cores this will take off immediately because today’s news was on just 24m - we are waiting on another 1000m which will really define the mine.

29 October 2019





Rainbow Rare Earths Limited

("Rainbow" or the "Company")

(LSE: RBW)



CEO and Chairman acquire shares



The Company announces that George Bennett, CEO, and Adonis Pouroulis, Chairman, both Directors of the Company, have acquired 5,464,481 additional ordinary shares of no par value each, ("Ordinary Shares") in the Company at price of 3 pence per share.



As a result of these transactions, their combined interests now account for 27.48% of the issued share capital, and underline their commitment to, and confidence in, the Company and the Gakara project as it progresses with its plans to develop the resource, with a view to building a much larger bulk mining operation

Expecting a very good day here as people scramble to get onboard. Today we should see confirmation of a new uptrend with two consecutive white candlesticks with moving averages crosses bullish.

The market will like today’s good news.

380m shares in issue , BOD own 27% which they recently purchased at 3p , big institution increased stake from 7.5% to over 10% a few weeks ago, 40% of shares held tight and that’s just those with 5% or over - so probably nearer 50% of shares which are not available, new ceo doing a sterling job and turning the company around by saving money and proving the mine is huge with a new JORC due early 2020.and that’s without the news on Friday.

We should have a steady stream of news which will push the price right back up.

Just wait until they start using the trucks soon !!!

10,000t per annum of concentrate. The exploration programme is to be supervised by Malcom Titley who the ex-head of the mining consultant CSA Global in the UK and by CSA Global itself. The JORC resource is expected to be completed in early 2020, which could ultimately show that Gakara represents a much bigger target. It is worth mentioning at this stage that CSA has worked on Lynas Corporation’s REE deposit in Australia.

To date, production has really represented trial mining. The latest operational update brought news that since the end of the financial year, REE ships have continued with a further 100t of concentrate at 56% TREO dispatched in early October, with additional shipments of concentrate expected to be processed over the coming weeks. Although George has not been at the helm for that long, already he has reduced local costs by something like 40%, which will free up the company’s cash to develop the resource to its fuller potential. Management estimates the break-even level of concentrate production for the operation to be stable and support that the new strategy has been reduced from 270t to 110t per month of concentrate. The plan seems to be to target break-even at the local level by February 2020.

There looks like a healthy news flow is in the pipeline. The new mining equipment is set to start being delivered in the next month or so, plus there will be drilling updates and assay updates from channel samples etc, which could all serve to refocus market attention on this undervalued REE play. We don’t have to go back that far ago when shares in Rainbow Rare Earths were back above the 7p mark, but currently the stock has slumped back to a lowly 2.58p. Align Research initiated coverage on Rainbow on 6th June 2019 with a Conviction Buy stance and a target price of 10.53p, when the shares were trading at 6.20p. At the current price, our view remains unchanged.

Rainbow is the only African producer of rare earths as well as having one of the world’s highest-grade rare earth element (REE) projects at 47-67% Total Rare Earth Oxide (TREO). The latest operational update was accompanied by news that the CEO and Chairman had between them acquired more than £32,000 worth of shares at 3p, which represents a premium to the current share price; and speaks volumes.

This latest operational update brought investors up to speed on production, the exploration programme and cost control. It provided further evidence that new CEO George Bennet is really getting to grips with the Gakara Rare Earth Project in Burundi, in which Rainbow has a 90% stake. George is in the midst of ushering in a brand-new strategy which could well be transformational with the move to mechanised mining on a far larger scale.

Not only is Gakara blessed with being one of the highest grade REE projects on the planet, but it has a total of 30 exploration targets – which represents extremely good fortune. In a gold licence, companies would be delighted to have 5 gold targets and very happy if 3-4 targets turned out positive.

At Gakara, it seems that pretty well the whole area is mineralised. The mining permit extends over an area of 39km² where so far more than 1,000 occurrences of rare earths have been discovered on the surface. As exploration work at the main Kiyenzi deposit has revealed, mineralisation has been found to exist between the high-grade veins. Across the licence area, REEs have been discovered at each of the 30 targets. In fact, 7 of these targets were the sites of colonial/artisanal mines.

At the same time, concentrate from Gakara contains very low levels of both uranium and thorium, which means that it is readily shippable on the open seas, with concentrate already successfully exported to China which rigorously enforces strict limits on the level of radioactivity. These negligible levels of uranium and thorium are a really important factor and will serve as a key differentiator between Rainbow’s REE concentrate and that of its competitors. Being benign, this gives the company a big advantage as in most global rare earth deposits, uranium and thorium are key elements that must be extracted, requiring additional expensive steps in the processing which adds large opex and capex costs to any project. Not much has been made about this factor, but it is likely to have large ramifications moving ahead.

The big transformation to becoming a bigger scale mechanised operation means that Rainbow needs to get involved in painstaking geological work to establish a drill area that is able to support the new exciting strategy. The plan is now to define a larger orebody to JORC standards and then develop a mining plan to extract a far larger quantity by mechanical means. An exploration programme is currently being developed which will allow the definition of a deposit which would provide for a 10-year life of mine producing 10,0

Over 40% of shares are being held tight so it doesn’t leave that many in the free float

This is at rock bottom so the only way is up from here. That’s the reason why the institutional investor increased his stake from 7% to over 10% and why the bod recently bought 5.5m shares at 3p.

Expecting a strong close and more double digit gains next week as today’s news sinks in.

Momentum is back and RBW will be on a lot of people’s radars now imho.

The bod have turned this company around and have a clear plan for the future which will create shareholder value.

This could be the best performing share of 2020 imho . Looks like we have turned the corner now and with so much news due I can only see more and more people taking a position as they see the price keeps rising .

Fri, 8th Nov 2019 18:04

RNS Number : 8758S
Rainbow Rare Earths Limited
08 November 2019

TR-1:

Camden Holding Ltd.

Increased holding from 7.56% to 10.43%

Should see the market push us back up in the run up to operations starting.

Paul and the bod own around 45-50% of shares in issue. That’s confidence for you!

developed which will allow the definition of a deposit which would provide for a 10-year life of mine producing 10,000t per annum of concentrate. The exploration programme is to be supervised by Malcom Titley who the ex-head of the mining consultant CSA Global in the UK and by CSA Global itself. The JORC resource is expected to be completed in early 2020, which could ultimately show that Gakara represents a much bigger target. It is worth mentioning at this stage that CSA has worked on Lynas Corporation’s REE deposit in Australia.

To date, production has really represented trial mining. The latest operational update brought news that since the end of the financial year, REE ships have continued with a further 100t of concentrate at 56% TREO dispatched in early October, with additional shipments of concentrate expected to be processed over the coming weeks. Although George has not been at the helm for that long, already he has reduced local costs by something like 40%, which will free up the company’s cash to develop the resource to its fuller potential. Management estimates the break-even level of concentrate production for the operation to be stable and support that the new strategy has been reduced from 270t to 110t per month of concentrate. The plan seems to be to target break-even at the local level by February 2020.

There looks like a healthy news flow is in the pipeline. The new mining equipment is set to start being delivered in the next month or so, plus there will be drilling updates and assay updates from channel samples etc, which could all serve to refocus market attention on this undervalued REE play. We don’t have to go back that far ago when shares in Rainbow Rare Earths were back above the 7p mark, but currently the stock has slumped back to a lowly 2.58p. Align Research initiated coverage on Rainbow on 6th June 2019 with a Conviction Buy stance and a target price of 10.53p, when the shares were trading at 6.20p. At the current price, our view remains unchanged.

RAINBOW RARE EARTHS – FURTHER OPERATIONAL PROGRESS AT GAKARA
October 30, 2019

Rainbow is the only African producer of rare earths as well as having one of the world’s highest-grade rare earth element (REE) projects at 47-67% Total Rare Earth Oxide (TREO). The latest operational update was accompanied by news that the CEO and Chairman had between them acquired more than £32,000 worth of shares at 3p, which represents a premium to the current share price; and speaks volumes.

This latest operational update brought investors up to speed on production, the exploration programme and cost control. It provided further evidence that new CEO George Bennet is really getting to grips with the Gakara Rare Earth Project in Burundi, in which Rainbow has a 90% stake. George is in the midst of ushering in a brand-new strategy which could well be transformational with the move to mechanised mining on a far larger scale.

Not only is Gakara blessed with being one of the highest grade REE projects on the planet, but it has a total of 30 exploration targets – which represents extremely good fortune. In a gold licence, companies would be delighted to have 5 gold targets and very happy if 3-4 targets turned out positive.

At Gakara, it seems that pretty well the whole area is mineralised. The mining permit extends over an area of 39km² where so far more than 1,000 occurrences of rare earths have been discovered on the surface. As exploration work at the main Kiyenzi deposit has revealed, mineralisation has been found to exist between the high-grade veins. Across the licence area, REEs have been discovered at each of the 30 targets. In fact, 7 of these targets were the sites of colonial/artisanal mines.

At the same time, concentrate from Gakara contains very low levels of both uranium and thorium, which means that it is readily shippable on the open seas, with concentrate already successfully exported to China which rigorously enforces strict limits on the level of radioactivity. These negligible levels of uranium and thorium are a really important factor and will serve as a key differentiator between Rainbow’s REE concentrate and that of its competitors. Being benign, this gives the company a big advantage as in most global rare earth deposits, uranium and thorium are key elements that must be extracted, requiring additional expensive steps in the processing which adds large opex and capex costs to any project. Not much has been made about this factor, but it is likely to have large ramifications moving ahead.

The big transformation to becoming a bigger scale mechanised operation means that Rainbow needs to get involved in painstaking geological work to establish a drill area that is able to support the new exciting strategy. The plan is now to define a larger orebody to JORC standards and then develop a mining plan to extract a far larger quantity by mechanical means. An exploration programme is currently being developed wh

This is the first sign you will get before it starts moving back up.

DYOR

below information is accurate as at 27/05/2019.

Issued shares
Number of shares in issue 73,764,035
Number of shares not in public hands 1,880,716 2.55%

Major interests in the share capital of the Company in excess of 3.00% as on 24 May 2019 are as follows:

Major Interests
Richard Griffiths and controlled undertaking 21,931,218 29.73%
Robert Quested 15,574,354 21.11%
Universities Superannuation Scheme Limited 9,243,931 12.53%
Henderson Global Investors 3,277,403 4.44%
Yogeshwar Sharma 2,662,438 3.61%
John Grahame Whateley 2,438,169 3.31%

Total
55,127,513
74.73%

This will get the-rated now.

We are currently on our next higher low imho.

Guess what comes after it .......?.