Member Info for Rebs438

8.29 paid

https://www.wbur.org/onpoint/2019/06/03/rare-earths-chinas-competitive-advantage-in-the-u-s-trade-war
https://www.wbur.org/onpoint/2019/06/03/rare-earths-chinas-competitive-advantage-in-the-u-s-trade-war

"Mountain Pass, located in California, ships nearly 50,000 tons of rare earth concentrate to China each year for processing, according to a Reuters report.

"'There’s no refining capacity in the world outside of China,' said Litinsky."

breaking out for a run to 10p imo

cant keep a good share down for long:)

£41k buy (8.2p)

https://www.theglobalist.com/us-china-trade-war-rare-earths/

Mcap peanuts (16m)

Highest vol on leader board (no. of trades)
Easy hold

Gap to fill above 9.31
We know where this is heading:)

8.37 now.
Nice rerate which doesn't look like it will stop until US n China sort themselves out lol

Taken more...
Too strong.

10p + will come very soon...

Lovely!

7.40 paid:)

Break 7.3 and we're off!

7.2 paid

Rising fast.
10p coming today imo

7p gone

6.90

MKA hasn't moved much as not producing and not JORCed.

RBW has JORC proven reserves of which they are the highest grade in the world, and already producing.

Making it far more attractive as a takeover target - for either US or Chinese!

2 Jun - China are defiant...roll on next week:)
https://www.nytimes.com/2019/06/02/business/china-trump-trade-fedex.html#click=https://t.co/tCQETG26Ll

A really strong last 45mins for the week has set this up nicely for an attack on 10p come Monday/Tuesday.
Also, the chart also points to a gap at 9.3p-10p which looks like it will be filled.

My thoughts:

There is no disputing that the catalyst for the surge in RBW's share price this week has been the ongoing US-China trade war with the Chinese threatening to squeeze supplies of REE globally. (Mkango has hardly risen as it is not producing and won't for a while). That just leaves RBW, (The only other London-listed stock) and we ARE producing. Funding for production in 2019, appears to have been sorted earlier in the year ($7.5m), so it is very unlikely RBW will place any time soon to raise further funds.

Should the trade war drag on for a few weeks longer the SP will keep rising.

I also think even if the Chinese back down, this will have been a huge wake up call to the US, who are reported to already have set aside huge sums to procure producing REE projects in a bid to secure non-Chinese supply. This can only bode well for RBW going forward whatever happens as we are likely to become an attractive takeover target.

Our mcap at 7p is only £14m - at 10p its 20m -and even at 20p it's still only 40m

Hold tight to whatever you have and let this play out - i certainly am as i feel this is just the beginning.

GLA