Member Info for reehunter

What happened to the reply to this that was visible yesterday?

tony

Apologies for the delay in reply, I' not active on the boards really.
I'm also still holding PRE, was looking at JAY for annual rebalance, but in the end I've decided to keep ASX:ETM (formerly known as GGG), as surely if JAY are allowed to develop, then ETM will also be allowed, and Kravenjfeld is likely the higher quality deposit.
My REE positions are: Peak, Mkango, PRE, ETM, NEO

GL this year

Thanks, I see they've been around for a bit, never heard of them before but came across them whilst looking at annual rebalancing.
Fair point on the refinery, looks like Tanzania govt will apply lots of pressure / require that it's built there.
Which do you think is a better long-term bet, Peak or LSE:JAY ? Or PRE I suppose?

Anyone looked at this company? Which one came first?
Should we be worried that they appear to be selling a very similar to story to PRE (except the refinery is at Teeside Freeport and the deposit's in Tanzania?

Got sick of PRE?

Feeling confident over there?

Me too, not often I can say buying at 30p and selling at 11 was actually a smart play! No regrets.

You pretty much agreed with everything he said, except for ignoring the bit about staff.

Yes, refinancing might help, doesn't change that holders here are currently screwed

That's it, market has bottomed...

Amazing that the hope still courses through the veins in here...... predicting offers of 40p+, 50-75p etc are just hilarious. Surely the more likely option is NewGen allow RMM to go bust, then pick through the scraps with the other vultures who are surely circling now? What about the dilution that would likely come as a result of NewGen, or anyone, stepping into save RMM?

Yep, anyone that thinks they're going to allow fracking in Surrey is delusional

Be interesting to see where this opens on Monday... personally I think we'll be lower by the end of the week, this has run hard and even if Truss announces fracking, it could take years before/if producing a decent amount. Sell the news

Of all the ridiculous posts on LSE, this one takes the biscuit (so far today anyway).

US investors mopping up AIM shares cos $ is doing well?! Ok then....

Any idea on what placement price will be for PRE?

China, you seem like a knowledgeable guy, so I presume you know the numbers around the deposits held by the companies I mentioned, so won't bother going into all of that here. GGG is a well-documented mess, but the fact remains that political and economic pressure will force Greenland into developing Kvanefjeld, and/or being sold to USA. Seems like ARU is well known on this board, so won't go into it here.

On Appia - you might want to look again at where those licenses are, and the existing infrastructure around them.

As I said, these are on my punt list for REEs. My logic is that more and more deposits will have to come on-line in the coming decades, irrespective of environmental or community concerns - money usually wins. These 3 companies (4 if you include PRE, which is also a punt at this stage) have high-quality reserves and/or are based in countries with the political will, general infrastructure, and capital to bring mines into production, should economic conditions require it.

Wouldn't mind your opinion on Altona if you've looked at it? I rank them below the companies mentioned above.

Well yes, but really anyone interested in REE space should be holding ASX:GGG, ASX:ARU and Appia (listed in Canada) as entry-tickets to the punt fest. I'm sure we can all name (and probably hold) some companies with rights to other deposits etc, but these are 3 of the best positioned.

Or maybe high interest rates mean none of these can continue to raise funds in the coming yeas, and fade away to nothing - begs the question why/how GGG and ARU have survived for so long if it's just a pipedream?

I've got a bag of Arafura, it's a top-tier REE punt tbh

Thanks for info re: likely placing price

Presumably they would try for a placing price above the last once @81p? If planning permission is granted and all that, smart investors should be beating down the door for this one

Interesting info there, good to know