Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
We have a VERY long way to go before most of us are on a break even. A couple of Pence would see most of us out I would think? 600K could just be a quick Punt to catch the rise but I don't think it will do much more. I've rarely see a share that goes much beyond 35%.
LOl
I think we'd all be in Heaven if such a place exists? If it does, SO would be dealing with the BBQ's on the ground floor and sending them up in the Serving Hatches :)
RNS due soon? Look for the good old No1 Code :))
My God, he MUST be going....what have I started! LOL
There you go, I said give it a little while and it would recoup back from the drop. It often happens with large drops, you get the percentage back a short time afterwards. It was only a large sell as there was no obvious bad news. It could have been a good trade for someone? :) Double this rise and it could be that S.O is stepping down, triple it, and he has!
He was a genuine Shareholder like me. Nothing to do with the BoD.
No, Duc went, although I'm still in touch as friend. Cannot give you any more info except he's alive and well!!
I don't remember that one, possibly Nicholson. You can look up the information and Filings (Accounts) online to find the actual Figures. I'm looking now for what it's worth! A lot of these AIM Shares are short lived whereby the CEOs register, make stacks of Money by telling their Tale of great things to lure us lot into parting with cash, then delisting. RRL was one such Hooky Director. He went to Court for his dodgy dealings. AIM shares can go on for years, but very few of them work. Penny shares are mostly crap.
Yes, it was about 8 years or more ago. PPA more or less went bust through what was alleged to be a Scam during an RTO where 'all the money' went in 'unforseen' Legal Fees which only left £50K over. This company went in to a CVA and closed soon after. One of the Director's of PPA William Voaden, joined FLPC in Nevada which is supposed to be a Junior Mining and Development Company that still exists. Voaden left months ago. It is also alleged that FLPC is Scamming the Shareholder's with 'promises' of great things to come in Mining. This company is being 'worked' the same way as PPA and nearly went bust but didn't. I know ALL about these guys, but I do NOT know all about what FLPC is really about, but I know someone in the US who does, but won't tell me due to super-sensitive information that cannot be mentioned due to Legalities and things...allegedly!!
The name was changed to ASTA A-STAR Minerals or something, then MX Oil. PPA left a trail of lies and 'deceit'. No, MXO is far better. PPA and FLPC were so Opaque, not even Atoms could get through!
Cannot take up MXO Space, so that's all you can have!! If you need info, go to Investor's Hub FLPC and work it out from old posts!!
Yes, this share is also a Dog but not as Doggy as the afore mentioned Scam merchants who cost me lots of money.
Whilst it's declined big time, it could be a precursor to a significant increase. I've seen it before, I could be wrong, but irrespective of the sell, MM's can also exacerbate the problem incorporating this as 'bad news' PLUS the 'Sell' to Capitalise to their own ends?
See how much it goes back up before the end of the day or tomorrow.
Yes, Tooldforthat, that's the general feeling of empathy across the Board (except THE Board). PITA
Could do. But will it affect our Share Price to increase by one piddly increment....(maybe), although perhaps not after S.O's next wage increase off-sets the profits?
Not a fan of Trump..doesn't look before he leaps. Anyway, Iran et al has been at it for the last 2000+ years, so short of The Bomb and the Oil, everything remains much the same as it was. It won't change in our lifetime...or the next!
Hi Mate,
Cheers
Photo
I found your e-mail address and have sent you an acknowledgement.
I agree, not this year but next could be our year. New CEO (?) more Oil/revenue, better profit which should improve our SP. It also depends on Cash Call's and placings which bother's me a bit as long as SO's Salary after a Placing, doesn't increase to £225K PA. Cash Calls can be good if they stick to using it for the purpose to which it's intended, otherwise it gets absorbed in 'costs' :(
I wonder what will manifest itself in the AGM, but all the while money is coming in, I doubt SO will be going anytime soon. It just depends on the overall feelings of the Shareholder's. If the company is doing OK, will it do better with someone else, plus it depends on his/her experience and their Will Power to keep their hands off our Investments to be used to the good of the business. Does paying himself all that cash constitute and 'Incentive' to work harder for the 'good of the company' and it's Shareholder's. I would say not? People become greedy when money is staring you in the face and easily accessible?
There's always a chance, as there is chance you may win the lottery if you do it. It depends what news is released that could get this going. If it did hit 1p with good news quickly, then the chances of hitting 2p on the back of such news is greatly increased.
Chances can vary in what you are doing. ie. The chances of you being spotted in somewhere with someone you are not supposed to be with, greatly increases than if you were in the same place on your own!! So, if you buy a million MXO Shares, getting to 1p by year end is less likely than if you were to keep your holding as it is :)
Realist that I am, and looking at what we have and what may lie ahead, my answer to 1p by December is a No, no, which by Sod's Law kicking in may now improve said chance! lol. Forces are at work we don't understand, especially, that Olivier bloke.
Loss not lost :(
My condolences to you. Sorry for your lost, mate. I know what it's like. My family has all but gone. Only Mum (91.5), me and my younger brother. No-one else left. Dad went in 2010 (84), then 4 of my cat's of which I have one left. The loss of my cat was worse then losing my dad!! Not uncommon to find people with similar emotions?
"With an active ongoing work programme, we are focused on delivering on our key objectives geared towards production growth to 1,000 bopd target and increasing cash flows. We look forward to demonstrating progress to our new and existing shareholders." I think it must have been three years they said that the BOPD was heading toward the stated figure?
"Demonstrating Progress". Really...just like the last several years. Appreciable progress is the fact they are still trading but not recognised by the Market's as not progressing enough to excite them into raising the SP. It's not even tradable at these levels. In 3-5 years time, this SP may look positively great. I think that's really optimistic?! lol
At least it may help to encourage a few positive votes....to kick the blighter out!
ADMIN, If this is OTT, please feel free to delete it. If not, Ta very muchness!
LOL! If he does go, which I doubt, the SP will shoot up, but don't count your Chickens yet. Dr Hon and his cronies may have a deal that we don't know about, but if not, them being majority Shareholder's will try to keep him in. It may all depends on all the overall vote and feelings of 'normal' Shareholders.
Doubling his salary is rubbing our noses in our own Sh ares. Who ever steps in will do the same eventually, but at least it will give us a chance to perhaps capitalise on his leaving. We can even send him a 'Leaving Card' , one that reads:
Sorry you are leaving, but were not grieving, you enjoyed it while it lasted, your rotten bloomin ******d.
You gave us all a lot of hope, but 'sold' us all a Pig in a poke,
The deals with Pemex & GEO didn't work, and you made yourself look such a birk. The Nigerian sale was quite a tale and we're all still here but to no avail.
You won the Blocks and all was well, and so we thought, but was it Hell.
Now we're stuffed, but not for long... the new CEO will get it right where YOU went wrong?
We have the chance to make a few bob, so from all of us, up yours Stefan, you've got no job!
pmsl :)
Got a Twitter account but cannot find enough info. on the Vote. When I click on Jim's link, you can't click on any tabs. Any ideas?