Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Jez, spunken thanks for the replys, t10 boom - not asking for advice, just gauging opinion, I am big enough to draw my own conclusions from research, but intrested in the opinion of others. Simon thanks also. Personally I think under 11 on failure and it will be tough to come back up as we will be all right in on a drill the Bod think is too risky to drill if te10 is a success. Sale price if we flog off the company is probably around 25 ish with horst. If te10 success, quick trip to 70 and settle until price rumours fly around. Heres hoping for the best.
Serious question. I hold a load and thinking of adding. Last added before te9 and didn't have cash to take advantage of the drop to 11. So question is this. If te10 fails, which I hope is unlikely, what is our sale price and the immediate downside from todays price at 23? I am looking to gauge opinion not start a cat fight.
* if not good news I guess we.....
Good morning Crudehope, thank you for the offer of meeting you to share the train journey to London. Regrettably I couldn't attend in the end but sounds like you all had fun. In terms of Te 10 seems like we are back to the role of a dice a bit, with the confidence coming out from shlum and the sound team we should probably be more confident. But I guess resent blows from a confident Bod still sting and habe made us all much more cautious and sceptical. in 4 weeks we will have a very good idea about our fate. Hopefully jp wont sell a shed load on the 5th April, and the shareprice will go much higher. If not I guess we are underpinned by te5 etc around 15. Im trying to work out if I have the confidence to go all in... Or at least most in. Need to channel the spirit of bricky.. Booooom!!! ;-)
B-F timescales are in line with my thoughts. Micada market makers create a market and liquidity, not necessarily to do with buys and sells but more to keep people trading on low volume, however when volume increase or a trend persists I.e. Consistent buying over days/ weeks, then this will be reflected in the share price.
Good on you holy Trinity. Thats how to Man Up. An example to all.
If they belive the paleozoic is charged like Algeria then we should drill it as thats where the big prize could be. Jj said we get nothing for potential and our model is all about tagi.
Thank-you.
11 - 17 months. God almighty why?
Apeplume, not sure who that was directed at, but if my words come across in some way expertly, then I say, thank you sir, your most kind. However, I am a mere enthusiastic investor holding for the long term and trying to engage my fellow investors with the potential I see. To my knowledge I have stated nothing misleading but the onus is on you to do your own research.
Bad luck guys. Hope you took some on the ride.
Couple of chunky buys this morning. Big fall on very little sells.
Well our current market cap is 8.4 Mil. At 160 x 400,000 is 64,000,000. Then x 0.5 is 32,000,000 dollars or £24,300,000 ish clear profit from this plant in 2021. Add a couple more plants and secondary products such as peatswitch, timber rights, superfuel etc. At only 8.4 million market cap, you can see this has legs if the Bod can steer the ship. Happy to keep buying.
Thank you scotlouie, will take a look.
*past tense
I see the website has been updated under operations. https://www.aegplc.com/operations/lumberton-manufacturing-hub/ Talks about the acquisition in the past tens and the ramp up to 400,000 tonnes per annum of coal swith pa in 2021 along with other income generating activities. I cant find it on the website, have we been given guidance on the potential profit margin or potential sale price of coal switch?
Itsgambling. You carry on fella. Rather have something to read than nothingness and I enjoy your positive outlook as it generally reflects my own although happy to read constructive counter argument also.
Thank ponky, that cleared it up! Just to check my understanding, does 'concession' include te10? Lol 😁
Its gambling, whats your other 3?
Now come the more serious investors, who took time to read and digest the implications of todays news and are happy to hold for the steady climb up in the next few months. Welcome.