Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Ok, I’ll own up, I bought them!
(I thought they were cheap at half the price, so decided to pay double!)
It makes no sense, unless a big player (as somebody mentioned earlier) wanted to secure a large holding in one go and was prepared to do that at a cost!
Who knows?!?!?!?
It is interesting, I don’t understand why the SP has not dropped on the news of Laiker selling up. If indeed he has sold the majority, if not all of his holding at 0.004, does this mean somebody if pretty confident that the SP will rise back to 0.004, so buy now and double your money?!?!?