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I don't have a clue how to value that REE RNS here.. and as I don't particularly trust Mr McMaster i'll stick with 0 for now..
But I do think the 'fertiliser' business will slowly/steadily turn around - from a total mess in 2023 - thru this year and next and so paying 2p ish of a bit under as a buy and hold play here around now seems ok to me.
I'm somewhat concerned re day traders who bought yesterday dumping in coming days and so will wait and watch for a while before looking at adding back here ..
(I have a small bet in play here now only, had a mid sized bet but sold plenty of that yesterday between 2.4 p and 3p.. but I do intend adding back here as we go .. was/am hoping for a sub 1.7p buy later this week.. but may not get that, I understand)
Maybe this fall is Gordon Bennett selling / taking the hit and moving on to pastures new ?
Gordon Bennett
When is that 2.5 p incoming Gordon Bennett?
Gordon Bennett
At 2.26 pm today you posted here .. 'might have a flutter once I digest news' .. looking at the intra day s/p chart, I'm bamboozled how you bought in here this arbo at 1.9 p, Gordon Bennett, Gordon Bennett?
Great if you're right Gordon Bennett.. but who knows really
PS: I see all such plays as this as betting not investing .... and I genuinely do like/support this as a 2024 play.. days traders in play here now though .. so in short term this could be a v volatile doggy..
A poor afternoon session here, alas ..Gordon Bennett buying in killed this rally ? Ditto on xtract resources recently ..Gordon Bennett, Gordon Bennett :-)
While I sold a decent chunk of my holding here at - a nice profit - in the 2.4 p to 3p range earlier today, I'll be keeping a core holding here whatever, as I fancy this as a buy and hold anywhere remotely around these levels:
I've been in this share for a good while and follow it semi closely as a rule and think this is business will slowly turn around thru 24 .. and the market cap here is relatively tiny..so I expected this to be 3p + later in year on it's core business perf... The REE's I have no clue about, so far at least..
PS; I'd top up here at 1.7p ish .. if the fall continues from here in coming days.. I hope it doesn't
Good luck to all fellow holders
Nice to see this rally, for the long suffering here.. ..
My holding is light here.. a pity now, perhaps, but no worries .. and at least I got to do one - sneaky sneaky Sir - top up here a few days back ....
PS: I guess Mr Professional is talking to his bankers as we speak, preparing big ammo towards soon pulling the trigger on 'The Big Short' ?!
Might I enquire, who are you expecting to answer this question , Mr Kwadoku?
I mention this only because you've been asking it for such a long time now.....
I was hoping you'd eventually show some initiative and look back on the annual reports and work out yourself and heads us up.. but I'm now losing hope of that ever happening either....
PS: I won't be attempting to answer this ever, and while dangerous to speak for others, I get...I'm confident that Mr Old School Values won't be offering an answer to this Q, ever.
Gordon Bennett, it's Gordon Bennett .. that's all we need.. while I wouldn't rather it be Burton, it's a close one :-)
Perhaps 1 m gbp in play from Mr WOS here... not 1m shares ? Mr Professional, Sir :-)
Hopefully he stays away.. he's a total liability... his publicity is that bad he should be paying hmi.l and not the other way round :-)
Nothing contentious in what he RNS'd today imho..
And the s/p is just too low versus the fundamentals now imho..
It was too high at 17p ish not that long ago, obviously .. but the fall from such height was beyond epic.. so just getting a bit of that back now..
Generally, even if this were to go up to 4 p plus in short order, the market cap would still be small versus the assets imho
dyor
One bag up on the day now, I see.. here's to this two bagging today, please
This rally continuing again now I see ...that doesn't surprise me as the market cap would still be tiny if this s/p doubled today...
Thanks whl2
The market cap is tiny here .. a few million gbp .. so I’m hoping this REE feedback alongside a core business that’s turning around can underpin a proper rally here ..
The core fertiliser business alone justifies a 2 p s/p in my mind now .. with this REE news on top the s/p could hopefully go plenty higher again from here in short order ..
Rare earth elements a game changer here ?!!
( and a decent q1 in the circumstances for the core fertiliser business too .. with the real demand seasons later in summer looking more promising too! )
Just need more people to look in here ...
...and analyse this v probable deal ..
...and a proper rally here will hopefully kick in tomorrow..
5p + incoming on fundamentals imho /hopefully
How right Mr CB was when he said Bushranger is not a 10p - a share - mine:
For the last 2 ish years the xtr.l share price values it at approx. a 0 p mine
But, hopefully, in due course, 0p will be proven to be too harsh a verdict
ps: 3p or 4p a share sale event for the Bushranger in 2024 or 2025 would be ok by me now
If Mr Colin Bird can't make something out of Bushranger at USD 10k ish per tonne then plenty here will be in contact with AA themselves ! (not the Anglo American AA)
Charts are poor indicators on AIM imho ..
And including some decent retraces as we go, I'm guessing there are still plenty of legs in this rally..
The DRC contract that's likely to be signed here soon would be utterly transformational for this company in a number of ways.. also including making it more likely other big contract/s they are looking too would get over the line..
The market cap is still only 10m gbp ish as I type too..
Here's to somewhere in the 5 p to 8 p range here this week, please