Rainbow Rare Earths Phalaborwa project shaping up to be one of the lowest cost producers globally. Watch the video here.
theyve gone into hibernation...
setting up new accounts to reappear with more pearls of wisdom
if you are new to bbulletin boards - use this as lesson... listening to those kind of posters will make you lose your money.. do your own research and believe in yourself.. dont let them sow seeds of doubts and make you sell out on the basis of what they tell you
right now i would be thinking of what the end game is...
SAR will most likely get taken over.. the time to buy in, is now - if you are waiting for this to go back to 2p that just aint happening.
and the biggest quirk of this share is over 95% of its shares are in public hands, when it comes to takeovers normally the acquirer will approach a companys major shareholders, they agree.. and then its a case of take it or it will be done anyway scenario - especially true when major shareholders have a majority of shares
in SAR you dont have that scenario - they will have to put it to a vote... and the risk to the acquirer is that another party will make a bigger offer...
the traders with their couple of k pots, this is what you should be noticing
01-Jul-21 08:03:52 6.999 1,114,345 Buy* 6.40 6.50 77.99k
01-Jul-21 08:56:26 7.00 500,000 Buy* 6.40 6.60 35.00k
01-Jul-21 09:03:12 6.97 1,000,000 Buy* 6.40 6.50 69.70k
01-Jul-21 09:05:46 6.85 722,765 Buy* 6.50 6.60 49.51k
01-Jul-21 09:06:50 6.825 780,000 Buy* 6.50 6.60 53.24k
stoney - think a lot of people missed/skimmed didnt understand that there are actually 2 Trials in play. SAR should have used a paragraph break...
1- Subject to successful completion of the ongoing preclinical toxicology studies, requisite approvals and financing, the Company aims to commence Phase 1 clinical trials for SDC-1801 in early 2022.
2.The timing and design of the clinical trials for Covid-19 applications will be determined following consultations with experts in the field.