Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
All those loans to be repaid and shareholders' equity of just £6.7m.
DYOR.
Shares Magazine and Investors Chronicle to come Thursday and Friday. COULD get a write-up in any of them. Don't forget we got a mention in the Financial Times. Investors Chronicle is a sister publication to FT.
When I bought my shares I didn't pay any stamp duty on the purchase. This suggests to me the Company is on AIM rather than the Main Market of LSE?
Rainbow Rare Earths gets a positive write -up and hence more exposure in today's Financial Times. See page 18, 'London' section. Can anyone 'copy' this to this discussion board.
Has anyone else seen anything in today's press?
********** publishes SP Angel's morning notes for free everyday in the afternoon. According to today's notes SP Angel are broker and financial advisor to Rainbow Rare Earth's. The annual report says it's Turner Pope (see back cover) Can anyone clarify? SP Angel also say in the notes that the US Government are expected to offer finance for rare earth metal projects' to reduce their reliance on Chinese supplies (recent Trump directive?)
Comments anyone.
Anyone going to the AGM next Wednesday to pose questions and listen to any feedback? I can't go myself, can anyone report back? We may get an update from the new Director he seems to be more shareholder focussed.
It was reported on CNBC website yesterday that China is acquiring North Korea's rare earth metal mining rites in exchange for economic assistance. This is another example of the big players mopping up the rare earths' metal market. Will soon be Rainbow Rare Earths' in the spot light. Fingers crossed!
slowlyslowly ;
Your pages 2/3 and 3/3 are exactly same. Could you please rectify this when you've got a few spare minutes. The interview seems to be a game changer, especially the stated reduction in costs.
Thanks.
US-China trade war hotting up again over next few days. If China ultimately decides to limit exports of Rare Earth Metals to the US then the price of them will double as speculators jump on board, in this scenario the price of Rainbow Rare Earth shares could multiply 10 fold. If nothing happens the downside risk to the shares is limited. In short the risk/reward ratio is very good if you believe in the trade war. This is why I'm invested!
Hochschild Mining , the precious metal miner, has today announced the acquisition of a Rare Earth Metal deposit in Chile for $56m as it sees the market to 'grow exponentially' as reported at ft.com and also released an RNS. There must surely be some interest by the big boys in 'minnow' Rainbow Rare Earth.
Rhodium price now at new multi year high of $5100 according to Johnson Matthey price tables at 0930 New York fix.
Just checked Johnson Matthey price tables London 0900 prices as follows:
Platinum $935 Palladium $1602 Rhodium $4900.
All very healthy. Sellers of Sylvania shares at these prices will regret it.
Still waiting for my IC To come through letterbox.
Sylvannia seem to have a 2nd,3rd, and 4th quarter update but no 1st. quarter update after going back 2 years of RNS'S. It is most illogical perhaps someone can explain. No intention to mislead I have been a shareholder for less than a year so didn't pick this up. Perhaps a 'Boris' oversight!
I expect upward march in share price to continue tomorrow and into next week as Simon Thompson's bullish IC's blog hits the news stands with the Friday hard copy of the magazine. I am also hanging on for the 1st. quarter figures to come out as the comparatives to last year will be staggeringly better this year.
According to SP Angel morning note, European Tungsten APT price has fallen to $198/205 per mtu from $210/225 per mtu since yesterday. Their source is Metal Bulletin.
DYOR.