Member Info for Tornadotony

Besides, nobody knows for sure when the overvalued and massively in debt corporate model in USA with its unbelievable sums of additional debt thrown at AI all blows up. Target axed 8000 jobs today for a good reason. USA economy is k shaped, but most Americans are on the downward side. It is all held together on faith. Hence the sensitivity by Trump on the Ontario Reagan commercial on tariff policies and why he ceased trade deals with Canada. It attacks the faith covering up the cracks underneath. Good to have any part of the share portfolio in cash for when the bargains arrive.

Daramuda I keep asking SP to stop, but he does not listen. He takes great joy in doing it like an untrained puppy.

We get two lots of news by the second week of December. Hopefully confirmation on purity of separation of rare earths over 99%. The second news was the feasibility study regarding Brazil project if memory serves me correct.

Without Neodymium they have little chance of operating cooling systems in AI data centres. Without gallium semiconductors the data centres are also stuffed. Is this a prelude to a collapse in AI stocks.?

The continued conflict in Ukraine is hardly going to reduce the demand for rare earth resources at this time. In fact all the geo-political tensions remain in force. The urgency for rainbow rare earth to deliver its technology is far greater then it has ever been.

Fundamentals have not changed. USA are correct in planning supply chain independence from China. Rainbow Rare technology likely to benefit from it. Just a few weeks away from a re-rate on proven technology. See how deep this retreat wants to go and pile in with more buys if shows the teens. .

I presume by that SP, you took profits?

In the meantime REMX is up in premarket and yet RBW is retreating.

Currently on a support line.

It is painful seeing huge profits disappear. A case of wearing an investor hat for the longer term. The demand for rare earth materials and having an independent market from China remains imop.

Stochastics now at zero on daily and oversold.

I mentioned that 23-23.5p area could be a consolidation area for several days. Overbought signals are down to just one indicator on the daily and neutral to sell on earlier time frames, Stochastics hit zero on hourly and 5 hourly on the pull back. Hopefully another rally to follow.

Just gone in. Bought in ISA. At some point it will be 30p and after official news it could end up £1 a share.

Running out of in previous.

Equally some may sell trading account positions and add in ISA positions as it rallies.

In an ISA it is a good idea to hold, but some who are in a trading account are either selling because they are running of historical CGT relief or getting rid of portfolio losses elsewhere. When they sell it sometimes help with overbought signals allowing the rally to then go further. I presume ripley is doing 20,000 shares or less to get best price.

Dummy sell at 23.75p

I sense they may be very close to 99% plus formulation. RNS could drop any time.

Trade volume 1/3 of the lowest weekly level in 12 months. A lot of patience this past week awaiting future results.

I confused it with adding Centamin in previous as Shanta Gold was a buy out.

SP cross purposes. I am talking about managers and insiders taking over a company for themselves in a buy out. Takeover from other companies is an entirely different set of rules and of course insiders can vote against it.

Yes a buy out price is quite possible which happened to Shanta Gold and Centamin. Holders would still get the share price and say 20% and the insiders can not vote on it. However institutions and non Board companies holders can vote. The issue is then what percentage do those groups currently have plus thus who to defeat a retail vote. Retail usually lose on upgraded secondary offers which they feel forced to take. Insiders make a packet a year or so later.