Member Info for MrMarketMaker

Bid ticked up and want 4.15p for 100k

Strong buy

Paul doesn’t work like I’m afraid, he is old school and holds it down. You either go along with him for the ride or you don’t. He doesn’t care less either way!

The good thing is that he knows how to build a company and ultimately create shareholder value and that’s the reason why I’m In this stick and why I have not sold a single share.

No harm in asking him to be more proactive though !

ATB

As soon as the flippers are finished we will
Move up to the next level. This is currently a artificial low share price but it will soon change

Maybe we could a question at the AGM
About this ??

And we are the Goto company for c02 EOR.

Great find Wacky

Love it !!!!

Whatever the outcome , if you hold for Ireland the share price will be higher than what it is now so you can’t lose imho

DYOR

Rig rate confirmed

Spud

Morocco result

Farm in partner for appraisal?

Co2 EOR monthly production figures

New partner Trinidad co2 for new wells (NDA already signed)

CPR Trinidad

Buy FRAM

Heritage - East Field Co2 EOR partnership

Barbados Co2 EOR (another country)

New acquisition

Seismic Ram Head

Farm in partner Ireland x2 with a major(NDAs already signed)

New LNG business with global farm in partner(NDAs already signed)

This is massively undervalued and has a long way to go yet. This will be 10p+ come spud and that would still be cheap

GLA see you tomorrow

4/5 market makers are sat on 4p now

Then watch then raise the bid as they try and collect a few shares

From adfvn

Despite this very significant level of ambition, the programme of government failed to come up with a plan to wind down existing licences, which means exploration is likely to continue for years to come."
http://priceofoil.org/2020/06/22/irelands-proposed-climate-policy-would-make-it-a-global-leader-in-keeping-fossil-fuels-in-the-ground/

So Predator still sitting pretty & it should also end up with the winning approach to LNG.

New trading range coming

A nice higher high

We are on the verge of a golden cross breakout , which is one of the most powerful break outs you can get. Look at the daily year chart and you will see that the 50 ema is about to cross the 100 ema . My charts don’t have SMA only ema so it’s the closest I can get .

The 50 is on 2.56 and the 100 is on 2.57 so a big move up could be coming real soon but we need volume to make this possible.

https://www.investopedia.com/ask/answers/121114/what-difference-between-golden-cross-and-death-cross-pattern.asp

My own T/A22 Jun 2020 12:38
First of all If you look at the 3 month chart you will see we are clearly in an uptrend creating higher highs and higher lows . 2.3p was our last higher low and imo 2.9 ish which what we are currently on is our next higher low.The 50 ema is acting as support and the t line is above the 20 which is bullish and the 20 ema is above the 50 another good sign.The rsi is low on 60 and the Macd is neutral .Lookout for bullish divergence soon when the rsi moves higher . We are currently trading sideways in a channel between 2.8p to 3p and I expect a break to the upside coming next, above the old high of 3.4p.Possability of testing support at 2.73p first but I think it’s unlikely.

Now let’s look at the 6 month weekly chart (linger timeframe holds more weight). It’s looking really good . The 8 is above the 20 and soon it should cross the 50 (very bullish). There’s a nice triangle pattern in play with the top being 3p. It’s only a matter of time before we break out and the macd is positive and it’s only on 52 so we have ages until it’s overbought .

Now monthly long term chart. Last 3 months are all white candles and the macd bars are getting smaller and should start turning positive and when that happens we should have a good few months of rises ahead of us. We are above the t-line and it should start crossing over the higher moving averages just like in the smaller timeframe charts when the move starts. This all ties in with one and other.

Overall - looking good , we just need volume and that’s it ... big moves coming !!!

Please DYOR

GLA

Expecting a very good day here

GLA

https://www.***************************/interview-predator-oil-gas-holdings-positive-results-corrib-south-dwarf-everything/412755942?amp

That’s a huge amount of shares owned by those who know the most !!!

Just think about that for a minute ?!

Shows total confidence in where this company is heading

Happy days chaps - it comes to those that wait

It’s coming !

Re test the last high

What did they see or what were they told . I doubt they will be selling until after the Jorc . Like I said before these shares are hard to get hold of and this proves that point .

Exciting times for sure

Continued

In parallel, Rainbow continues to explore options for further downstream processing of the high grade Gakara concentrate to a higher value mixed rare earth carbonate or individual rare earth oxides which will allow the Company to realise the full value of the deposit for shareholders.

George Bennett, Chief Executive of Rainbow, said:

"I am delighted by the strong support we have received from both existing and new institutional shareholders in the placing. We believe that the rare earth business is poised for significant growth and that the Gakara Project can play an important part in this. With the simple minerology of the deposit and the high-grade nature of the mineralised veins encountered to date we believe that the business can be developed to a commercial scale and look forward to announcing our maiden resource update which will form an important element in delivering that goal."

22 June 2020

Rainbow Rare Earths Limited

("Rainbow" or the "Company") (LSE: RBW)



Placing of New Ordinary Shares raises £1.25 million at 3p per share

Rainbow, the high-grade rare earth producer, is pleased to announce that it has conditionally issued 41,666,667 new ordinary shares of no par value each ("Ordinary Shares") in the Company at a price of 3p per Ordinary Share (the "Placing Price") thereby raising gross proceeds of £1.25 million (the "Placing"). The Placing Price represents a 3.4% premium to the closing mid-market share price of 2.9p per ordinary share on 19th June 2020.

The 41,666,667 Ordinary Shares issued at the Placing Price includes:

· £1,114,149 of cash receipts representing 37,138,284 Ordinary Shares

· £76,038 of fees due to the Company's non-executive directors for the period from 1 January 2020 to 30 June 2020, which has been converted to equity representing 2,534,604 Ordinary Shares (the "Salary Shares"), and

· The conversion of US$75,000 (£59,813) of the loan received from the Company's CEO in February 2020 into 1,993,779 Ordinary Shares (the "Loan Shares").

Reasons for the Placing

The placing proceeds will be used for general working capital purposes including capital additions to the Company's trial mining fleet and pilot processing plant at the Gakara Rare Earth Project (the "Gakara Project") in Burundi to accelerate the trial mining operations.

The Company continues to focus trial mining on the Murambi area to demonstrate the continuity of both the strength of mineralisation and the simple nature of the mineralogy for production of a high-grade rare earth concentrate suitable for direct shipment. To date, Rainbow has produced and shipped 1,600 tonnes of high-grade concentrate from the Gakara Project with an average grade of 57% total rare earth oxides of which over 19% represents high value Neodymium and Praseodymium oxide used for the manufacture of permanent magnets. Significant volumes of these permanent magnets are necessary for the expected growth in both electric vehicle and wind turbine production, along with other industrial uses, underpinning the inherent value of Rainbow's Gakara Project.

Rainbow is expecting the finalisation of a maiden JORC (2012) compliant resource statement for the Gakara Project within the coming weeks, which will mark an important milestone for the Company. This will allow the Company to further define the capital requirements for both exploration to grow the resource and further trial mining to demonstrate the continuity of minerology. The understanding of the resource base from both exploration and trial mining will allow a technical study to be completed for the expansion of the operations at the Gakara Project to a commercial scale.

In parallel, Rainbow continues to explore options for further downstream processing of the high grade Gakara concentrate to a higher value mixed rare earth carbonate or individual rare earth oxides which wil