Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Hopefully the worm has turned. Good rise despite a few sizeable sales probably attributable to YA.
now 2.5:1
2:1 on the face of it .. nearly 5% down mmmmm
“When was this then ” Rathlin energy auditors have made it quite clear that the viability of oil extraction from Newton B site is commercialy unviable” as it is rathlin that has pumped WN more than UJO
Sold all but feee Carry shares at 28p bone the less would be good if one of these oilers weren’t so ****ing transparently bent.
With the placing RNS ffs. If you need cash (which you do) why let all the big investors out and let the price drift / speculation take hold. The placing could have for away at 25p weeks ago and now it will be 15p once again. Get tf on with it IMHO
Look like YA may be done for now. Not advantageous to sell into a falling market as yet will only be getting the conversion price. Let’s see if they have a breather. Ridiculous to fall this morning with “apparent” buy to sell volume .
And that's just it. he would be taking them to appease shareholders. no fundamental reason. Now we all know he's not in that game. If yr invested here I guess you have to have faith that increasing the ownership of HH to 86% and getting it to production will be worth the numerous dilutions that we have endured. If not probably best to exit. I would be closing that short when YA are gone regardless of whether SS has taken his options or not, but that's your call .
Unless you intend to sell them imminently of course.
Can’t people get a grasp that having options is money in the bank. It’s simply not necessary to lock your money away. So why would you?
Not sure of your definition of big player but the Bouygues who have owned over 5% before would definitely count or indeed IGAS who are Interested enough to have bought a neighbouring licence. Then there is perenco who Increased its stake in wytch farm to 95% and as a direct result have turned a loss of 76.9m into a profit of 250m last year. But no. No big player would be interested in the weald. Would they?
Penguins I agree the shares are being sold ahead of the supposed introduction date. A positive I take from that we are further through the YA debt than anticipated. I also agree the conversion will be in the pipeline. Not YA m.o to hold back . They will convert the full 3m allowed this quarter.
I think the market is simply waiting for the YA debt to clear. it's obvious that any buying at the moment will be counteracted by large scale selling. Crazy value here at the moment but people just not in a rush to join. One thing that could move this up rapidly in spite of YA is a Tr1 showing we have interest from a big player. As we move toward some sampling result and then into flow testing the pendulum will swing. hopefully a good way through he YA shares by then. An odd blue day before then will do a world of good
we live in hope
It’s always what it says it is on London stock exchange. Simple
Late reported trade. True close (look at London stock exchange official site) 1.10
Oh how I wish the mms would offer me over the mid when I sell big.
Oh don’t get me wrong I still ah e hope for the project and the jobs it can bring i just fear for what the financing will do to current share holders.
No need rub the salt in bp. Having lived in the boro for 15 years before now I can understand people wanting to get behind something of this potential. the area is full of good hard working people that have had to endure the downfall of what have been bread and butter industries Not just for the area but the uk as a whole. I would love this to come good for the area and investors but please don’t throw more at this.
Your fully entitled to try make a buck here but it’s a bit distasteful to wish for 1p and gloat. People have lost serious money here.
Spot on John. Still a very exciting prospect but the costs are astronomical. I've been burnt here but would still consider coming back once the financing is in a better place.