Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Worth a read... type "a lake of oil congo drc" and read the pdf if they are sorting the Block 1 contract which imo they are! this is worth a lot lot more than i thought....gulp!
it has took it's little ole time thou hasn't it...that last buy looks a bit of a code maybe filling an order as we speak...but all in all 2 days good soild trades and solid price.....my thing is i think the cautionary is DRC block 1 as DIG passe it's 35% to Sac but the africans had sold the block way back to Tullow,,,just thinking if anything would take 4 months it could be that being sorted..imo but if i'm right this should double at least if go not back to placing price as it was all in the gossip at that time..
Sell @ 4.58 and new buy @ 5p would be good to get over 5p set a new level...waiting for the expolsion!
popped up a day early...keen! not sure it means anything but the jan one was a couple of days over because they had the mews of the 2 SA guys joining, got a little upward movement on JSE this morning .62...i think the news will come sooner rather than later don't think another 6 weeks is on the cards...how's your tea clive...still brewing! it seems....mmm
good volume 2.9 million traded up a little, good strong trading solid .60 finish...
Ongoing! 4 months, must be some deal, anyway we have had seda draw down,equity sale, new appointments, DRC confirm total, and revised Nigirian deal....all good or bad depending how you look at each transaction IMO all good but all could or would affect a share price........SO WHAT THE ***K IS IT? don't see it being greenhills sale we all know about that and what would it do give them a million so more cash, please please tel or specuate! because after 4 months being cautionary It must be earth shattering or price blowing.....and Good imvho
10th of Jan they extended the "Cautionary Anouncement" originally from October, 6 weeks up again 22nd feb "JSE rules" although the Jan update was delayed, i think just because of the new appointments.....we are still awaiting news from dealings since october? IMO
Love it....just throw in trades days late and delete them......anyway large sell 300K @ 4p 74K buy @4.25 tick up..
anyone......delayed trade 4.8p of the 26th jan shows up on the 6th (wrong) but the SP has never shown a high of 4.80p at any point during that timesacale why is that?? sp should hit the buy price at some point should it not?
They eventually got it right...if they had done it in the first place, it was originally shown wrong as a delayed trade sell ... impressive buy 4.80p on the 26th £60K...we may have seen a better SP as of today
can you believe the misstyped the same thing twice...muppets LOL
I do think the reason for the revised terms is to keep resources available for more aquisitions..imho
Confused mate...does this or has anything?? answered the "Cautionary Statement! issued in November??
06/02/12 11:59am Buy 44598 4.35 1940.01
hope thats a mistake with the decimal or someone would have been gutted...oooppps
4.40 buys...hmm
@63 cents 2.2 millon traded....
...........tumbleweed.....
Cynical!
SacOil CEO Robin Vela said the issue of shares to raise cash was meant to ensure the company had adequate cash for potential transactions. http://www.businessday.co.za/articles/Content.aspx?id=164009 like they need £400K..LOL