Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
The mou didn't overly excite me as it did the market and I sold my holding for a modest profit during the recent rise after nearly 5 years holding. Now I'm looking to get back on board but feel the news of a second major may well run into next year. I may miss the news but I'm happy to watch from the sidelines until such times that the investment attracts me again. There may well be others doing the same. Wether I get a re entry or not, I sincerely hope this works out for the lth's. GLA
Thanks for clearing that up Starrage. I had a quick calculation before leaving to get to work and counted the $64,900 as six payments.
What you have writtenhere makes perfect sense so I apologise for my earlier posts.
I never really seen a negative as such as the lower payments clear the decks for us in the short term but I was a bit hacked to think they were getting something extra out the deal. Thankfully, They are not !
Good news, Hopefully the sp will adjust accordingly :-)
GLA
Absolutely Yes. $ 265,000 x 11 remaining payments was $ 2,915,000 We are now due to pay $ 2,979,900 in the new agreement to service the same debt. Can't see how YA are losing personally..
Absolutely Yes. $ 265,000 x 11 remaining payments was $ 2,915,000 We are now due to pay $ 2,979,900 in the new agreement to service the same debt. Can't see how YA are losing personally....
Absolutely Yes. $ 265,000 x 11 remaining payments was $ 2,915,000 We are now due to pay $ 2,979,900 in the new agreement to service the same debt. Can't see how YA are loaing personally....
We have paid $ 265,000 ( 241 shares from the original amount ) ? Or am I missing something ? 2891 was original amount, Now 2650.....
So, The remaining $2,915,000 has now increased to $2,979,900 payable over the next 9 months. Woohoo........
Now under 3%, Not long to go now......
I've never once said I know what the exact valuation will be tsbs. One thing for sure is it will be 1-1.5p before 10-30p or £1.
All figures are based on the hope the interest transpires to a deal but hey, This board is proven not to be a safe haven for realists.
GLA.
Sounds great although it's not an option in the short term I don't think
£1, Then you wake up and find you've pissed the bed lol
1.5p min - 5p spike is my thoughts. Reality then kicks in and the realisation it could all still go Pete Tong !
As much as the next person, I am hopeful and looking forward to a deal being reached.
1.5p+ would be great for a start. I really think some need to try putting their feet firmly on the ground and get real with the ridiculous dream figures they come up with. I personally don't think there is a hope in hell of this re rating to 10-30p regardless of who shows their hand as the majors in the short term.
Another day closer, GLA......
All the best to you Aubree whatever you decide, Certainly understand where your coming from. Bigger drawbacks than an elephants foreskin in here....
Here's hoping. Now's the time to have rid of Bergen before Brockham takes centre stage. Nothing to hold back a rerate then, I've certainly filled my boots over the last year....
I'd suggest the reasoning for no major activity by HH test results is because they are a long way off from producing, The same as we are at Balcombe which also didn't excite the market too much. The news is absolutely fantastic from both as it highlights the weald is loaded with black gold.
Brockham however. With a production license already in place..... This for me will be the game changer in the short term ! GLA :-)
1.13p for me please Kenco. Thanks.
Had a few days holiday this last week so haven't checked in for a good few days. Firstly, Thanks for posting the meeting recording Pyro :-) That was very well received having not been able to attend and it has settled my nerves no end. Yesterday seemed to be a monster day ! Quite sure after the dust settles, We will be onwards again to break 0.50p. The 30 mill sell earlier today seems to have been mopped up without too much harm. Having a distance from this board seems to be working for me at the moment, So I'll tuck up again and be hopeful of seeing you all on the other side once this settles to a more realistic level. Don't think we will have too long to wait until the fat lady sings.... Kenco, If you read this post, Put me down for 1.13p for chrimbo estimate. Cheers and GLA :-)
That was a fantastic interview, So much so, I couldn't watch it sitting down.
PV was like a kid in a sweet shop lol... The tide is about to turn here, That I have no doubt !
GLA
Had a few weeks away from here, Wasn't easy but I felt it was well needed. Looks very much like it's still the same sh*t, Different day.... Hopefully the meeting will be productive, Although what can be given away without an update beforehand I don't know. I won't make it due to the 850 mile round trip and being flat out at work. GLA
Get the hard hats on :-(