Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
Your information was well received, it was a good topic . Alot better than lets just agree it will be 50p or whatever..... this is a chat forum about shares thats what you're suppose to do .
Funnily enough there still hasn't been a valuation of a similar company .
I had one droid telling me he couldn't work me out last night 🤔
Long and strong
Your information is appreciated starbright , as you say I am an inexperienced investor . I am however a logging engineer and know from experience this is a good play to be invested in .
Valuation of companies is my weak point , I can't find a similar company to compare to on AIM.
Does anyone have a reference to a similar producing oil company in the UK?
With regards to a valuation ? I know PV pointed out the economics ie P/E being usually anything from 15 - 25 x Mrkt cap.
What determines this figure?
Thanks in advance
A Placing doesn't bother us at this stage jazzy Jeff , if it happened and ( I dont care if it does) it would be for all the right reasons.... that's the business !
If Brockham flows well , this company will be churning out coin for the foreseeable future .... from one well !