Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
like we are going all out for growth and a larger market share, Costis is certainly the man to do it. As stated previously this could be a game changer. This action is all in the US so perhaps some myopic individuals and shorters will stop harping on about Greece.
The initial thought is are they running out of cash ? But on reflection and after reading the bosses statement I believe this is very positive.
The 7.5m Euro project was funded directly by the EU so hopefully some stability will be assured for the project in the short term at least. Yes we could weaken further , might get another chance to top up. GLA
From the tone of your reply it is obvious that you will not / cannot address my rebuttal to your reply and my criticism of you as an individual. I will take this chance to state that you are ignorant as well as arrogant . You state that you are thick skinned so you probably will not reply to this post, my last on the subject. Unlike you I keep my word.
This all started with your comment that I have no understanding of world events . You made no attempt to explain your comment, I had to request an explanation . That is arrogant The explanation I dragged out of you made several assumptions about me which you could not assume to be true . That is arrogant. My reply to your explanation debunked your original accusation . You have made no attempt to refute my arguments. That is arrogant. Your attempt to belittle me over unyet (sic) displays a weakness of character and is arrogant Your use of the phrase "I don't give a damn" is further evidence of a weakness in your character and is arrogant. You state that you like proper spelling and punctuation . Your post today at 1513 reads "but the don't all bankrupt the country . You leave yourself open to a charge of hypocrisy as well as arrogance. Your use of the word dammit ------ I could continue but I believe the above is sufficient.
Now that you have reengaged . Reference your comment unyet (sic), this was not required. My meaning was perfectly clear we are not on here to earn credits for diction . You come across as arrogant.
Ash I absolutely agree . You have made the point of my previous post which is that governments everywhere make attempts to "bribe" their electorate including the squeaky clean British government, so why pick on the Greeks. It would appear that I am pretty much a unique "left winger" who happens to believe in free markets and anything with the words "help to" in the title smacks of markets which are not free.
Thank you for your reply. You are incorrect that this debate does not belong to this board. All my comments were tied in with the ultimate fate of Greece I think that you cannot deny that GBO is perceived of as a Greek company therefor discussion about the Greek "problem" is entirely valid. Whether they be left wing governments or right wing I am cynical of what they tell us. i lived in a third world country for 22 years and I have first hand experience of the effects of hyper inflation . i am not saying that the printing will bring inflation to the west anything could happen . I will not go into the horrendous possibilities here if, you check my posts I have referred to them in the past. The fact of the matter is that printing is simply papering over the cracks and history has proved that there is always a pay back time . It is a well established fact that the west removed that demonic tyrant Sadaam with no back up plan . He was accomplished at removing opposition and as he was secular he kept radical islam at bay . Equally demonic radical islam in the form of iSIS has moved into the vacuum created by the west. This cannot be denied My post was not left wing. I try to be a realist and I take offense to the simplistic blanket term left wing from people with closed eyes such as yourself.
Yes, you clearly have a view please enlarge.
Yes just the usual, no doubt trying to flush out weak holders. They are getting none of mine. i see there has been a slight increase in the short positions. Makes sense borrow more and sell at the recent high. Fair volume today they are maybe buying some back. I take all reported shorts with a full packet of salt though. Yes it will be interesting what happens with Greece austerity has certainly not worked. The Eurozone are busy with the nonsense of printing money at the moment and they have the impudence to tell the Greeks to starve themselves. I do not understand how the UK got away with printing, there is a lot of cash parked somewhere that did not previously exist , no doubt the UK government will have all the usual slippery answers but nobody is asking awkward questions. The Greeks also have been lumbered with many thousands of refugees of which the UK government demands it will accept none, unyet they are in Greece as a direct consequence of wars conducted by the UK and US governments. There is something drastically wrong somewhere.
Only to be expected, low volume / profit takers / some negative indicators on grexit ,not that it matters / whole market down. Investing used to be about the future but the way some stocks are valued especially on AIM it looks like the future has been cancelled.
I know next to nothing about technology i can only just traverse my own computer, but I am making serious money on technology companies by going long and holding technology shares against the shorting "advice" expounded to the gullible masses by winnifrith. I have previously brought QPP against his slanted scare mongering "advice" and was making so much cash that I was forced to top slice on the way up, I am probably one of the few long term holders still in the money. I have a large holding of GBO against his "advice" which will not be topped sliced ,a very solid long term hold. I refuse to lend any credibility to him by visiting his website. But I am reliably informed that he is spouting his well worn format about another tech company TUNG. i brought yesterday @79 and will hold for the inevitable recovery.
Doesn't matter , we still have a nonsense valuation. Long way to go yet
While I am on the subject their favourite victim was QPP ( because it had a large following, even more traffic through the site) They said the company was a fraud and it was worth zero pence. Qpp are now in the process of paying a billion $ back to shareholders , in excess of £1 a share. Shareprophets are scaremongers of the worst sort . They epitomize all that is bad about Britain
Oh sorry forgot to mention that the target was 18p . They said that was being generous
A word of well meaning advice. Do not register at shareprophets, if you do your inbox will fill up with bunkum on a daily basis. They make their money by traffic through the site . Content does not worry them, they are just interested in generating traffic so they can cash in on your email address. An example of their "advice" . Go short on GBO when it was 39p !!!! . Beware.
two rns indicate large holdings by institutional investors . Should be positive for the results out soon