Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Take it to the Americans or Chinese with “this is gold used by the royal family” and they’ll pay whatever premium you want. Also, it’s irrelevant whether the gold will have a premium. What is relevant is that if they have the skin t of gold they seem to think it’s down there, then I’d expect 5/6 or maybe even ten bagger from here. Plenty to do to prove that up, but rewards don’t come from taking no risks. Risk/reward ration is excellent here at this price/market cap! All in my opinion
I don’t expect anything, and hope they have everything. Maybe AIM is not for you? Stick to FTSE if exploration doesn’t suit you. Only invest what you can afford to lose etc etc.
Onwards and upwards. Any good news here will take this towards 1p. Drop to 0.3p the other day was completely unnecessary, unwarranted and with no news driving it lower. We are just back to where we were a few weeks ago, so I am hoping this continues to march upwards, break 0.55p resistance and then blue sky from there
*wide, not wise
Newlunar - have you ever considered that if we are lucky, there may be even more gold than predicted down there? And why not? If they find good, wise veins, with high grades, then anything is possible. But even if they have 250k oz, at the current good price, (unsure what the AISC is, but assume it’s $1000 per Oz) and adding the premium to it (let’s say 50% to current spot gold, then you are left with $500m profit (before any capital expenditure). Even if you reduce that further, still
Immense potential for a tiny £30m market cap company. And that’s just on the Welsh gold. How about the Greenland value (bluejay is £140m market cap, with their flagship asset being same as ours).
For me, as the results come out, I’ll be adding if good news. I sold Ggp much too early, it seems (hindsight is a wonderful thing), but will make sure I am better prepared for the success here
Newboy - I get it mate, I get it. It’s a long winter though and US is still in deep trouble so plenty of money to be made there by gdr. I’d say give gdr until end of jan, if not £1 by then, then I’d sell. Not many companies have so much cash, relative to their market cap, so it won’t take much to double from here.
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At £30m market cap, and circa £8m in cash, this is the time to take a punt in GDR, rather than sell. I took a loss some time ago, but am looking to buy back in at 50p if I can. Can see this double from this level with good tail winds
Gl all
This bb is like a school playground. There is zero useful stuff happening and too much arguing.
This company will never go to £1bn. Not unless they find a 300m vain stretching 10miles of Welsh good.
And WelshTrader - companies are valued on profit, not revenue!
6/7p definitely on the cards though with success in Clogau
Kion - you’re beyond crazy. 20p would make this company £1bn + worth.... it won’t happen.
I’ll consider selling at 2p. CONSIDER, but let’s see how it goes
WE will see a serious re rate here in Jan and Feb if those assays are good. With Greenland adding to the gold. Bluejay has added £75m to their market cap in the last few months on progress in Greenland assets. Looking forecast to next year, it’s gonna be great.
WE will see a serious re rate here in Jan and Feb if those assays are good. With Greenland adding to the gold. Bluejay has added £75m to their market cap in the last few months on progress in Greenland assets. Looking forecast to next year, it’s gonna be great.
Unrelated to gold, but Bluejay has good news ok it’s ilmenite. Let’s see what this does to their SP, and we will know what it’ll do to ours once we get moving there. Bluejay is already £130m odd, so plenty of news to come here in 2021 on top of Clague
https://investegate.co.uk/bluejay-mining-plc--jay-/rns/master-distribution-agreement-reached-for-dundas/202012230700025970J/
R1ck5 - you invested at 0.58, and suspect thought it was worth it at that price. Now you are whinging about no value at 0.3p? Get a grip son, and do your research when you buy in. If you believe there is no gold, or no ilmenite etc, then sell up and have a nice Chirstmas!
brilliant news again. Nice Christmas present
Mine - this is Nookie you're talking about . No man can explain his behaviour.... Plus, 24/7 on these boards - tell you a lot
Nookie - why don't you sell all and go stick it somewhere else? Might also avoid a heart attack with all the stress you cause yourself.
Glasir - "They have made the decisions that have lead to the slide and the buck stops with them."
What slide are you referring too? Because I see the chart and I can't see a slide. You think a drop from 4.5 to 3.8 is a slide? In AIM? Jesus, some people have no patience. Look at GGP's chart.... Rome wasn't build in one day
even a broken clock is right twice a day.... just saying!