Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
IMO
⬇️ On it's way 👈
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
We have RNS officially confirming ✒️ Sorted 👍
This changes everything, doesn't matter about SP right now but what Matters is SP moving Forward 👈
I think SP will move higher in coming days, Weeks and Months 👈
AIMO DYOR
💰🤔👍
IMO
This is Massive News ✔️
Not pump and dump ❌
10p IMO highly likely in few days 👍
AIMO DYOR
💰🤔👍
IMO
Expecting SP Rise ⬆️ for few days
10p Possible Sooner than later
Massive News
AIMO DYOR
👍💰🤔
Massive News ✒️ Sorted 👈
10p Sooner than later 👈
AIMO DYOR
👍
IMO
10p on it's way 👍
AIMO DYOR
💰🤔
IMO
Massive news ✒️ Sorted
10p on it's way
AIMO DYOR
💰🤔
IMO
✒️ resolved = 10p possible NOW 👍⬆️
It's the sentiment itself may see SP 10p sooner than later 👈
AIMO DYOR
💰🤔
IMO
7p - 8p may be tested (this week maybe)
AIMO DYOR
💰🤔
RNS arrived = 100 % to 200% ⬆️ 👍
AIMO
IMO
If no RNS arrives then SP may go back to 3p 🤔.
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
IMO
Meeting after meeting after meeting means nothing unless we get RNS confirming ✒️ issue resolved. So the wait continues......
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
Will post one more time then will take a break for a while 👈
IMO 🤔
What's needed = Signature ✒️
What's the timeframe = Don't know (how long is a piece of string)🤔
RNS 25th Clear = Yes very clear 👍
"The Company is working with the local government agencies to secure the remaining approvals necessary from Matad District to allow the 2024 operational programme to commence. Preparations are being made to complete the Heron 1 well for production once approvals are in hand and when contractor crews return to Mongolia."
Now the key words are agencies (Plular) and approvals (Plular) i.e more than one (could be 2 or 3 I don't know) until they are secured (how long is a piece of string) it seems the final Signature may take some time 🤔
Any Income from Renewables in 2024 = None
Any Income from Oil Production in 2024 = Maybe (If Signature Issue is resolved)
Will SP go up = If Signature issue is resolved, else on what Basis will SP go up ? 🤔
Buy, Sell or Hold = Personal Choice 🤔
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
IMO 👇
How long is a piece of string 🤔
It is what it is 🤔
⏳⏳⏳
IMO what we need is a RNS (it will come when it comes) to say Signing done, until then SP may not go up (any upward movement and there may be sellers to bank any profit 🤔)
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
IMO RNS Clearly explained regarding Signature issues.
Good to know fundraise in Not Imminent, this will help Stabilising the SP (maybe between 2.7 and 3.3)
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
IMO
@ AGM = No New Information
? WHY = 👇
"The Company is working with the local government agencies to secure the remaining approvals necessary from Matad District to allow the 2024 operational programme to commence. Preparations are being made to complete the Heron 1 well for production once approvals are in hand and when contractor crews return to Mongolia."
IMO Signing is Not Imminent 🤔 👆
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
AgencieS 🤔
Secure 🤔
Remaining ApprovalS 🤔
Hmmm 🤔 that's Many 🤔🤔🤔 'S'
🤔⏳🤔
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
IMO
SP may test 10p Soon 👈
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
IMO 👇
Still 50 : 50
IMO won't be long before SP makes a move towards 10p or 5p 🤔⏳
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔
IMO
SP may Drift towards 2.5p (unless positive RNS arrives soon)🤔
Soon AGM ⏳🤔⏳
AIMO DYOR
YOUR MONEY 💰 YOUR CHOICE 🤔