Member Info for Unwise

From the language being used, It certainly does seem more likely that we will get an offer for part sale of the assets. Personally, that is excellent news for shareholders. We will get a decent offer for the few they want and we get to drill the heel out of the rest and hopefully sell some of those on too! Does sound increasingly like we are in business.

I'm not so sure Russell70. Bought over 40 grands worth today with no issues.... £17K+ trade will no doubt appear after hours

So not II's then?

The 2 large trades from yesterday both look like buys (total £100K), as per the execution price. So although we have a seller of issued stock, we also have a buyer, fingers crossed - hopefully one of those institutional buyers that were mentioned.
Let's see if we get anymore today?

With the BoDs heavily invested here, would pushing the price up not serve them well? I'm still a little confused but happy we're moving in the right direction.

"It also says above the table "The Board notes that resolution 7, which was proposed as a special resolution regarding the disapplication of pre-emption rights, was not passed. "
Surely this is good news for existing PI's no? We now qualify for new shares at a pro-rata of our last holding rights?

I missed them standing up...At last, please elaborate or point me in the right direction.

Thank you. The list is on page 9 of the presentation and it adds value to the discussion as well as appreciation of what is making our BoD excitable. Thanks again!

You have probably seen this already from the company website. Look at the vast difference in numbers from forecast to eventual copper resource. That was from a target ranked 22...The potential is HUGE and that commands a respectable selling price. Great top up price without a doubt. Once the temporary overhang of subscription share dries up, it will begin to motor.

The current ZamCo licenses encompass 9 of 30 exploration targets that were ranked in the late-90’s by the JV over the Kabompo Project, which include the top seven ranked targets. First Quantum Minerals’ Kalumbila property, better known as the Trident Project, developed to become the Sentinel copper mine and is forecast to produce approximately 220,000 tonnes of copper in 2018. Its Enterprise Nickel project, is, like Kalaba, also located at the flanks of the Kabompo dome and approximately 40 km to the east of ZamCo’s licenses.
At the time of the JV, Kalumbila was originally ranked number 22 out of JV’s top 30 Kabompo Project targets with an original exploration target size of six million tonnes of ore; eventually a copper Resource in excess of 1 billion tonnes of ore (one of the largest in Zambia) was demonstrated - during this same period the initial Anglo-American exploration target for Kalaba exploration target was 150 million tonnes of ore.

Does anyone know where I can find the list of AA targets areas? The one that shows ARCM own the top 9? Thanks in advance

Problem is private investors have zero patience. Everything today or it's b*****ks. Give the man a chance, if folk are not happy please sell and move on. The company does not owe you a God given right. Patience is the bloody key

I fully agree. Something is definitely going on in the background and it can only mean good news for RBW. There will be a lot of positioning in the rare earth market and many a desk can expect to be done. Our initial company position was to get some production underway with a haphazard plan going forward. A desk was struck for concentrate to be shipped and sold at what turned out to be at a non mediocre rate for a number of years. Time has moved on since then and we have uncovered substantially more than before. CEO, although shy on words has a very good reputation of getting the job done and delivering when it counts. I will hold until the mcap rises to a few hundred million (making me a MM in the process) because rare earth is the oil of the 80's and countries can't get enough of it.

....Our baby is growing up so fast....

and there we were thinking this is traded on the main market and not a fledgling company. A huge holding and happy to wait, semi patiently whist things develop. Getting a good feeling that something is about to blow soon. Fingers crossed

blair- Let's arrange a meet this time next year 21/09/2021. I can assure you that we will be many multiples of where we are now. See, it's easy to cast aspirations on others, but PJ has a shed load invested and his strategy is spot on. We do not have rights issues at discounted prices and we are well funded for the next year. PJ replies quick time to any emails you send him and I have a lot of respect for the guy. If you are invested, good for you, but if you're not... maybe move on to pastures greener. Best wishes

I am curious who the seller might be? Was thinking maybe the pension fund, locking in profits for a few ride, but surely we would have had reduced notification by now. It certainly isn't day traders, I'm not buying that one based on amounts and regularity. Anyone have any ideas?

Pensana Rare Earths PLC - good for them, getting on with it and moving up steadily most days, now touching 50p, with a Mcap of £88M.

Rainbow Rare Earth - Sitting on our hands with no updates and no regard. No doubt great assets which will be proved up....eventually. New CEO came in guns blazing, with a refreshing change of direction and vision for the company going forward. Mr Bennett is obviously shy to update the market and whilst I know we are not AIM, we were promised JORC results and we are now well overdue. Covid just doesn't cut it for me, it is not an excuse to keep silent and avoid contact with the outside world. If other companies can get on with it, then so can we. We are all holding a chunk and we deserve an update. Mcap £15M. Come on, we can do way better than that.

Are we going to wait for the markets to tank and follow down with them even with good news. This could be the reality for RBW if news is delayed beyond a reasonable period.

The sale of our two assets to make us a pure copper play, IMHO was also to make us more aligned to an AA buyout. They didn't want any baggage associated with the transaction and only interested in one thing. Do you really believe were so desperate for the cash that we literally have it away? It's a done deal guys, just the hardest part left for us to do... and that is to remain patient.

IMHO it is a sly placing by the directors and long term II to get in cheap before the results. A reward if you like for all the ups and downs...but mostly downs. Shame nobody thought about the private investor left out in the cold.
If they do a placing, raises doubts of insider trading or anything similar, working funds etc...great excuse!

Dated 27 Aug 2020
https://www.youtube.com/watch?v=-C9_H8SiEi8