Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
boff - what is your explanation for an investor investing at a significant premium to current SP. Interested in your views as to why you think they would do so.
Must be old news - given RNS of 19-July 2018 and no further update since that RNS - INMHO.
Nah! perhaps 2.035 but not 2.35!
Personally still think there is a mismatch between what KIBO need to set as a tarrif to make the investment attractive and what Tanzania can afford. Same challenge for NCCL in Mozambique.
Just get on with the current business plan, SP will reflect value eventually - when profitable revenue achieved on a consistent basis. Significant patience still required.
Ricfle. Suggest you add some a final key phrase - INMHO. You are entitled to your opinion. My opinion is that this BB has longer suffered a glut of both rampers AND derampers - and those who just endlessly post.
Outrider may be the hedge fund - remember they have a board representative.
Well it was previously over 4p. No real reason for the fall - other than traders not having patience INMHO
I concur
Excellent. Thanks for sharing.
Buzz - stop misleading folk - you have been around AIM and this share long enought to know that the figures you just quoted do not necessarily reflect totals of buys and sells - but only the sum of transactions above and below the midpoint of the Ask v Bid.
Folk should not be let lose on AIM or AIM BBs until they have passed the equivalent of a driving test. Yes, I know some just play the daft laddie for fun.
The trading platform does not record buys or sells, just a transaction of x volume and y price.
Boyzee - care required - the CPR was purely on the Portland. it was made clear that more work required (a key part of which is the current HHDL programme) before the scale of the Kimmerdige can be futher clarified.
What many folk miss here (as a result of the fog of posts from traders and shorters and other manipulators) is that exploration takes time, and the regulatory windows for it so far have been limited. Money has been raised - and the timing and methods needed have added to the swings of senitment - meaning that those who boaught in wihtout understanding the ovreral context have either done very well or have ended up spiked and fustrated. Quite a way to go on this share - with no doubt further successes and setbacks along the journey.
Simply that this share attracts a lot of (day)traders who buy on rumour and sell on news. If you are prepared to hold your money here for a while (say 12 months) I would personally expect to see higher SP (even if sometimes on short term spikes).
Now. Not know! Spellcheckers !
Stop stressing, sell out know, and leave the investing to genuine LTH.
It seems to me that SOLO will have to farm out their stake in Tanzania or sell down in HHDL. All NR can hope for is rapid and great news in at HH. Others in HHDL may not be in such a rush from a negociating perspective. Keeping both balls in the air looks challenging - given the low SP and general poor investor sentiment.
Personally I think a lot of the posts on this thread are unrealistic. Of course, I like many others would have preferred a better deal. However dealing with the Tanzanian Goverment and Authorities takes endless patience and infinite time = costs to just keep running still. Wihout more business leveage (and yet to be seen have much Zubs have) we could still have been in the same position more or less as we are now in many moons time. Aminex could of course have tried a rights issue - but that could well have driven the SP back to circa 1-1.25p. My take is that in essense what has happened is more or less a done deal - the alternative being a very nasty collapse in the AEX Share Price.
Not for a short term trader seeking a lower enttry. However for LTH this does look an interesting propisition.