Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Simple! He keeps on posting because numpties like you keep on feeding him by responding to his moronic posts.
RBL key here. If it's successful TLW will fly but if not.................................
BP: Barclays reiterates overweight with a target price of 475p
Tullow Oil: Canaccord downgrades to hold with a target price of 20p.
This contract win takes all my concerns away. Ok it's not the biggest one PFC have ever won but it's decent and PDO would have done it's due diligence before awarding.
No brainer this for me.
This is just insane. Oil price rising strongly and touching 60 and yet BP drops.
You couldn't make it up. Corrupt, manipulated market.
Well, they ain't having my shares!
This excellent company is getting it in the neck from all sides (Covid, sfo, shorters, de-rampers, analysts(so-called)) yet calmly and confidently continues to go about it's business. What a company and I'm happy to be invested here for the medium term.
Ridiculous market cap. This is the best share on LSE for the medium term IMO.
Very nice recovery from absurdly low levels earlier. This has 330p+ nailed on for March onwards
Absolute no-brainer for me. And you are getting paid 6% for your troubles in the meantime.
Nice to see the bid over 7p for a change.
The silence from Zioc is becomming DEAFENING!
My gut feeling is increasingly that there is activity going on behind the scenes and this is the reason for the delayed "end of year" project update that we were promised by Elphick in Sept's RNS.
It seems to me that the simplest way for Glen to rid itself of this asset is to secure 100% of it first before flogging the whole lot to the Chinese at a decent premium.
I see a 2 for 1 Zioc/Glen share swap playing out sometime this year which values Zioc shares at roughly £1.25 at current Glen price.
"As noted at our recent 2020 Investor Update, we continue to progress portfolio optimisation, and, in this regard, recently agreed terms for the sale of Mopani to an existing minority shareholder. Work continues to advance options around other non-core assets within the Group."
It's coming.
My guess here is that Glencore will buy Zioc out and try to get it on the cheap, say £1 per share.
I can already hear the howls of "it's worth 5 times that". Maybe it is. but right now after waiting 4 long hard years with this stuck in my bottom drawer I'd take £1 in a heartbeat.
My reasoning is that Glencore will feel they can get a better price for Zanaga if they own it outright to start with. Zioc is a complicating factor in any negotiations with the chinese.
If I was Gary Nagle, that's what I'd try and do.
2021 is the year when Zioc happens one way or another.
Great post shortburner.
Guys, stop feeding the troll please. FFS!
to a contrarian investor, it's a time to buy.
Ammu123 filtered.
This feels like a coiled spring straining at the leash to ping upwards. All it takes is that little red dot and we are off to the moon.
NewKOTB - was focused elsewhere namely covid plays.
Nice to be back in here though. Long term hold now and collect divi's along the way. Happy days.
I'm in at 256p.
Will recover this week especially with divi day very close. A great price to pop this into my PF.
I've been in and out of BP for 5 years but never this cheap.
Hold onto your hats folks, this could rocket in the morning. I think we've reached a tipping point.