Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Some unusual trading happening here.
Will we see the link pay off this year? I certainly expect PIM to get back to the 21-22p level in first half of year but I am still regretting not selling on the spike to 36p when Arysta bought in. However, I held then because I thik the 45p Arysta paid is achievable this year on back of the good news Arysta were anticipating.
Yes, it's the update on that RNS some time this quarter which should get the share back up again. Happy to hold for now.
Up today on low volumes. I wonder if there is news to come on Newery etc?
I wonder where we will get to by Q2 2012? Anyone have a target for this?
Could hit 3p by end of week on the back of the news and the fact that there is increased interest from buyers. Might even do it today if there is enough interest.
I know this is also traded on Plus so maybe explains the silence on here. Starting to look very positive again.
///for me. Still think there is more to come but this share does not seem to be on too many PIs radar.
Are you still in here? Getting to a pint where news should come through?
Are you still here? I am near to break even and hope to make a reasonable profit if newsflow is positive.
I know you're very aware of BEM and a reliable source for it. Do you share my opinion on VML?
I have averaged down here and am beginning to feel optimistic about this share after a bad year. Should see steady rise on back of positive news over next quarter.
There must be some word soon?
The Arysta deal should have provided cash for forseeable future?
After hours at 2.50. Interesting.
yesterday. I hope we have turned a corner now.
Yes - the 2 on Friday, particularly the director deal make me think there is further news to follow.
Are we due an RNS soon?
I have just averaged down after buying these at 8p. The Analyst target for next 12 months is 6p. I've takne my average down to 3p so I am hoping to recoup some of my losses and even make some money this year. I just wish I was buying in at this price! They have concentrated on UK/ Ireland and significantly reduced debt by ofloading Latvian operation (reduces debt by £3million) and Newery is almost on stream so I see plenty of upside here. As I said, I am hoping for my money back but for anyone buying in here at these levels it is a steal. I think the fact that one of the original directors left the company (there were 4) while the others have remained suggests a personality issue rather than a financial one?