Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Late the party with this one but what on earth is that article trying to insinuate! £202m loan from the council..what rubbish journalism..the article goes onto say the current debt is now £125m..if I read it right..should be praising the fact that such a large loan is being paid so quickly. Absolute shambles the FT is.
I like the positivity but they have to start delivering..no more excuses..ingenuity needs to starts pulling its weight and some of these bigger clients need to start coming on board. If they don’t hit targets this time some very serious questions have to be asked..
Am I reading too much between the lines in this article…could he be after a payout in shares based on current value knowing what’s on the horizon…presumably once business is sold to another party he loses ability to claim or it becomes much more difficult…
Mouldy doesn’t care he’ll just blame the macro environment and say that things have changed since the £1.70 bid..the biggie now is the next update, if they are below expectations and don’t deliver we may as well chuck the towel in…it will show me that the board are out of their depth in a running a multi faceted business..the board is full of accountants so to get it wrong again is indefensible..the mantra of an accountant is prudence and they have been the opposite to date..it’s defo time to start delivering some half decent numbers and ingenuity needs to start pulling in the big boys..I’ve been half expecting this biometric link up to start to delivering some whales
I use to pay attention to the shorts but quickly realised that its a tad irrelevant at these levels…they have long and short positions and provided overall they are where they want to be they will fluctuate as they see fit. This ain’t a GameStop scenario where they get squeezed and we see shorts ‘get burned’ as some like to shout. Agree I like to see shorts at the lower end however at the levels we are at it doesn’t make a massive difference..funds buying, positive sale updates, organic growth, buyout rumours, turning a profit will see us move…a short hovering above or below 0.5% ain’t what we should be worrying about. There was a news article over the weekend about QIA starting to pull money out of London which I thought might impact us..
People posting things like ‘shorts are bailing out’ & ‘we will turn at 2.30pm’ just stop unless you have some evidence to support…it’s boring and no more helpful than idiots that jump on and say it’s going sub 30p…disappointing day, I was expecting a good ish day today I.e. to stay around 69p..this end of day drop reminds me of the pattern we got into last time when we dropped sub 50p…a nice article saying we’ve smashed Black Friday targets would be good..looked at LinkedIn and some staff posts seem to suggest targets have been surpassed..something official would be nice
Disappointed that I’m now back in the red..however we’ve been tracking the market this time..I.e. we’ve gone down similar to boohoo and asos over the last week..(I don’t agree we should be tracking these, but we do so look at the charts) last time when we dropped to 32p we were going against this. Keep faith, I’m paying more attention to ingenuity at the moment and things are happening…good weekend all. 1-2% drops are easy to swallow for LTH…happy with a 66p SP at the moment.
https://www.chargedretail.co.uk/2022/11/18/thg-ingenuity-yoti/
Decent read, positive press https://nutraceuticalbusinessreview.com/news/article_page/Clasado_scales-up_D2C_growth_with_THG_partnership/204910
LD..I’m riding this till we get back to £2 and I’ll take a view..I started investing here genuinely thinking we could get back up to £4-£5…let’s see what MM will do over the next month..it’s becoming more difficult to persuade shareholders to sell sub £1.50..it would have been easier a month ago! If the number plate is still there when we are £4 I’ll take it!
Is the question the wife asked me tonight...some turn around having been over £25k down just a month ago. Thank god I held my nerve and trusted my judgement. Well done all that stuck it out..Christ it was horrible at 32p! The charts are looking good…my god if we get some good news we really could see a pop.