Member Info for westgate

Couldn’t agree more Gold. I have given up a few times and cut my losses. Invested here again because exploration is all but done and there now appears to be a good chance of production in the near future. So rare in AIM stocks. My hope is that the SP will continue to rise steadily this year in anticipation of the working wells coming on line, and that this will make ukog less easy to trade preventing peaks and troughs, and sp slippage. Good luck. W

A time line has been provided. Traders will sell and come back when more news is imminent. Investors will hold and buy more as the price drifts. Net result no change in sp for a while with probable drift. Positive RNS looks like sp will rise as year progresses which ever strategy pis choose to follow. IMO.

Good realistic update. No spin or dramatic interviews. Solid responsible BOD. Incredibly good resource figures in previous Rns. Market resource prices increasing with demand. Any drift down whilst waiting for next news is a chance to average down. For me, this is a lower risk AIM investment share that has good potential for a healthy return with patience.

With so many shares in issue and I presume a plentiful supply floating, even large numbers of buys/sells are soaked up by shares not spoken for so the mms can quite happily fill their orders without moving the sp much...just a bit of tweaking to stimulate the market. Once sentiments grows (or not) demand will hopefully necessitate a rise and once it gets going I think it will move fast. My opinion only.

Does this share have a large free float possibly explaining the lack of movement in the sp?

Apologies for being slightly off topic but my broker was Beaufort and so my entire portfolio is frozen if not lost. Does anyone have any experience of this or know what my chances are of getting my money back now that they are in administration? Grateful for any insights. W

needs to close to get some volume going

Good to see a bit of chat on this B.B. Hopefully starting to come onto people’s radar. Massive potential.

Definitely not a buy at moment but I’m locked in. I think there have been no facts or figures about output because there isn’t any. Publishing that would be sp suicide after the promises made a year ago. My take is that capital has been used sorting out infrastructure problems through last year, possibly to satisfy potential customers on volume/quality. The stuff is there but to get to commercial viability there has had to be expenditure. I am hoping that point is approaching hence the customer visits this January. The suspension I can’t read...all I know is that I’ve always lost out when other shares I’ve been invested in have gone into suspension. Hoping this will break the trend. No choice now anyway. GLA

This share has both made and lost me a lot of money. The aspirations touted a year ago were obviously misguided and it has been a frustrating year for shareholders. The latest RNS implies that this time has been spent sorting out infrastructure and that is positive. The lack of hard figures makes it hard to interpret what is going on, but my guess is very little in terms of production. However, one can assume that the plant improvements were not undertaken for fun, and that means that the potential is good. The tantalum is there and lithium could be a bonus. Added to this, there are two potential customers visiting next month and it shouldn’t, therefore, be too long before we see some action. Despite the probability of disappointing financials being released reflecting the situation up to mid 2017, this sp may look extremely cheap in the not too distant future.

I still have a modest holding here but sold out most of it. I know I will be shot down in flames but my experience with other AIM stocks has made me very suspicious of poor news flow...I learnt the hard way. I hope it will come good, and it should from the tantalum alone, but I fear unforeseen delays based on the lack of information that is forthcoming. Very happy to be proved wrong.

Rainbow is on schedule to make first shipment of rare earth concentrate before the end of 2017 through distribution and offtake agreement with multinational thyssenkrupp Raw Materials

These sells may be buys...mine certainly was at 4.6p