We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Rare Earth Minerals | REM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.51 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.51 | 0.51 |
| Top Posts |
|---|
Posted at 15/2/2017 21:57 by steeplejack Fair points Rossowheel.I haven't bought back in here for some of the reasons you outline.There is no good reason why REM should command a premium to NAV.Neil Woodford's biotech fund stood on a premium of some 10% for awhile after launch but that was exceptional with investors keen to get an exposure to unquoted biotech vehicles.Yet it is extraordinary how such thinking is now generally accepted when in the past(even before EMH came along)REM spiked to around 2p and had a market cap of some three,four times current levels.Simple weight of money I guess.A trend ain't always a friend,it can be very misleading but we all know that when it comes to junior mining explorers. |
Posted at 15/2/2017 17:30 by rossowheels steeplejack: One day REM will surprise us perhaps when an investor takes a large minority interest in one of the mining companies it has in its portfolio. In the meantime REM's value will trade at a discount to the aggregated value of its investments because the mining companies are developmental and require substantial funding in order to become producers. The fluctuations in the share prices of its investments will continue as sentiment moves. There are other technologies being developed which may prove to be more attractive than lithium as time moves on..... |
Posted at 10/2/2017 08:41 by bobby.ifa How does the average investor interpret the results of the drilling. Times like this that Trump's childish limited vocabulary, result's GOOD! |
Posted at 30/1/2017 20:14 by rossowheels biglad1: DL would of course say that his job is to get companies off the launch pad and then move elsewhere to do the same again. I have to wonder whether this is the right strategy based on his track record. DL would also say that he does not tell investors when to buy and sell. Unfortunately, after the initial spike, there are few opportunities to see any similar upward momentum. Maybe someone knows of a company DL has got going and then quit whose market capital is increasing? |
Posted at 30/1/2017 10:39 by loganair It seems to me with REM for most private investors the hope that this share is a 10 bagger is stronger than the Fear that it´s going nowhere share pricewise. |
Posted at 19/1/2017 07:16 by runthejoules NY boy I think sometimes investors get out of REM into the constituent stocks. I've been up & down with Bacanora, wild vacillations of 40% the last year, up on news or plugs then straight back down again - until the ore actually starts coming out (and probably even then) the share price will be up and down like the header says. It's not just REM. |
Posted at 05/1/2017 09:26 by vitec Momentum buying. Something maybe brewing but punters/investors look at where the money is going and get on the bandwagon. If there is no underlying reason as to why the share price has moved they depart as quickly as they came. |
Posted at 04/8/2016 11:25 by simonsaid1 Warrenfingerfood, I am not wholesale writing off ever using a chart to refine timing. But I have read up on this extensively in recent years and always seem to come back to the same thing. Your own username references Warren Buffett, who famously abandoned Technical Analysis completely after 8 years of trying it and getting poor results. Fool have a well-known little primer article on this called 'Buffett's Mistake'.Obviously equities are moved to an extent by human emotion and that should be statistically observable in a clean room. But equities don't exist in a clean room, markets and the wider world are messy, that's my problem with TA. In the case of REM, it's a very small stock, the investors in it few in number compared to bluechip mainstream stocks or markets, and trends are going to be even less predictable (trends are always harder to observe with smaller sample groups, and this one is also likely a self-selecting group of investors who go for off-piste investments like REM). No, I am not privy to the private investment strategies of many top flight investors - I just do a lot of research into successful people and funds, and in my limited purview, very few rely heavily on charts for anything except minute timing decisions. Instead they get involved with the companies they invest in, make market predictions and consumer behaviour predictions, and obviously take a deep dive into company financials. Few practice the sort of numerology that looks for head and shoulders and whatnot, though there does seem to be something to whole-number/resista But this is a bigger set of faultlines - between trading VS investing, technical VS fundamental analysis, value VS growth, etc and most people's strategies don't fit neatly into any of those baskets. I hope your own strategy works for you and allows you to build wealth. Forbes collated a bit of academic research into this area (there's surprisingly little) here: |
Posted at 28/7/2016 15:40 by chinese investor So far, lithium has been the hottest metal of 2016, beating out gold, with exponential demand expected over the coming years.Although the price trajectory of the metal has been subdued in recent months, the fundamentals behind the long-term trajectory suggest strong potential for long-term growth. Price doubling from 2014/2015 was first seen in China and is now being felt worldwide, with lithium hydroxide prices from $16-20 and carbonate prices from $12-14 thousand USD per ton. There is no doubt as to the push that Tesla has given the current automotive transition to electric vehicles (EVs). As the company’s mission statement outlines, it hopes “to accelerate the advent of sustainable transport by bringing compelling mass market electric cars to market as soon as possible.” However, since 2014, when Tesla first announced the Gigafactory with Panasonic, other manufacturers have begun to take notice and take action. Volkswagen AG announced last week that it was considering LG Chem Ltd. or Panasonic Corp. as partners for several US$2-billion factories, according to Bloomberg, with confirmation expected later in the year. Previous announcements of billion-dollar investments in battery factories by Volkswagen were largely brushed off by investors as deflections from their ‘Dieselgate But with LG and Panasonic in the picture, concrete plans appear to be crystalizing. Combined with Daimler putting US$550 million into tripling its battery production capacity in Germany, Nissan’s planned investments in the UK for its third generation Leaf, and GM’s joint venture with LG Chem to produce batteries in Holland, Michigan, for its Volt and Bolt, it is clear that auto manufactures are beginning to shift to electric—and in a very big way. Given this new investment, plug-in electric vehicle (PEV) sales are expected to experience 62 Percent Year-over-Year Growth in 2016, 60% in 2017, and likely 100% in 2018. This translates into over 600,000 in PEV sales expected in 2018, creating a new level of demand for which the market will need two new lithium mines in operation to even begin to satiate. “Looking at the full picture here, the future demand for lithium is truly staggering,” says Michael Kobler, CEO and director of American Lithium Corp., one of the ambitious new explorers shaking up the lithium mining scene in Nevada. While future demand from the automotive industry is significant, the real game changer for the lithium industry may be electrical grid storage. Grid storage is designed on a variety of scales, each with a different price point. Already price-competitive with diesel fuel for stand-alone renewables and remote locations, home storage applications with devices like Tesla’s powerwall, and grid frequency modulation applications are now making major inroads in the grid storage market. In some locations, grid-scale peaking applications have already been implemented, often in old coal power plants, re-using the building and grid connections. Grid-scale storage battery demand can easily eclipse the need for automotive batteries. Battery experts note that although different battery chemistries exist, the energy density of lithium is far superior to other chemistries. No new battery chemistry will supplant lithium in battery cathodes for decades, and lithium cathodes are the centerpiece of several leading chemistries which are already available. Lithium mines are divided into two main types, with most resources currently coming from lithium brines. Although commercial production of lithium from brine started after mineral production, it has proved to be more important economically; brine contribution to world production is twice that of minerals. The concentration of lithium in most brines range 200 to 700 ppm. To compete with brines, mineral deposits have had many advanced technologies applied to reduce costs. However, brines can also benefit from technologies such as electro-dialysis, adsorption, and reverse osmosis to enrich or extract lithium in less time. Although lithium brine is often cheaper to develop than hard rock deposits, with the application of new technologies, brine processing can be sped up, and costs can be further reduced. Up until two years ago, the so-called “big three – Albermarle (NYSE:ALB) in Chile and Nevada; SQM (NYSE:SQM) in Chile; FMC (NYSE:FMC) in Argentina controlled 89% of the world’s lithium production. This group of lithium players has recently evolved into the “big five,” as Sichuan Tianqi and Ganfeng in China have become significant players. At the start of this year, the de facto big five was still a reality, with FMC repeatedly stating that supply and demand are in line--an assessment akin to sticking its head in the sand, as lithium prices rise exponentially. This also ignores fundamental production challenges within the “big five” itself. Albermarle has had significant difficulties with its brine expansion that will most likely contribute to decreased production in 2016. In fact, SQM is the only “big 3” producer with a clear strategy for future growth, with partnerships such as its recent 50% acquisition of an Argentinian Lithium Americas Corporation property (TSX:LAC), which could prove to be successful years for down the road. In January 2016, the big five controlled 90% of the market, with no significant producers outside these sources. However, 2016 can be considered the year the lithium oligopoly came to an end. Orocobre Limited is commissioning their Olaroz project in Argentina, and is currently at 68% of its 17,500 TPA full capacity. It aims to be at capacity in September. Though it has been shipping slightly sub-bar product, demand is so high that it has nonetheless been highly successful. General Mining and Galaxy Resources announced the commencement of production from the Mt Cattlin mine and processing operations and Galaxy are targeting nameplate production rates of 15,000 TPA of lithium carbonate by the end of 2016. Apart from these two mines, no new developments are expected in 2016, though 2017 may bring further new entrants. A previously defunct mine, Quebec Lithium, has recently seen interest from a Chinese operator. Although uneconomical at 2014 prices, the current price doubling has made this an interesting property to be further developed. Another mine in Quebec, Nemaska Lithium (TSX:NMX), is being developed, though only 500 TPA are expected next year. Where it gets the most interesting is with the new explorers, and this is where the lithium tide will turn. The timing of the Orocobre and Galaxy developments have eased the price increases in the near term. This combined with the old adage “sell in May and walk away” for prospective companies have sent many juniors sideways or downwards since May. With the consistent long-term demand trajectory, two mines coming into operation provide a significant buying opportunity for those looking to enter the lithium market. Although markets have been satiated by Orocobre and Galaxy for the summer, investors will be looking again in the early fall and now is the perfect time to enter before the next wave. “Battery demand is rising at the rate of 1-2 new lithium mines per year, growing to 2-3 mines per year by 2020, and current demand will not only absorb all new mine developments in the pipeline, but will require fresh high quality deposits to be investigated for development,” says American Lithium’s Kobler. American Lithium raised capital in early May 2016 and bought prospective brine land in Nevada USA on a previously operating Boron mine in late May 2016. Juniors such as :- American Lithium (TSXV:LI), Pure Energy Minerals (TSXV:PE), Nevada Sunrise Gold (TSXV:NEV), Alix Resources (TSXV:AIX), Nevada Energy Metals (TSXV:BFF), Lithium X (TSXV:LIX), Ashburton Ventures (TSXV:ABR), Cypress Development (TSXV:CYP), Sienna Resources (TSXV:SIE), Noka Resources (TSXV:NX), Matica Enterprises (CSE:MMJ) all have claims in the Clayton valley. Other companies that have projects in the state are Dajin Resources (TSXV:DJI), Eureka Resources (TSXV:EUK), and Ultra Lithium (TSXV:ULI). Since the start of the year, the lithium industry has gained access to over $330 million in funding, whether from private placements, government grants, stock options, or other investment vehicles. The summer drilling season is upon us, and any lithium junior that doesn’t have a drilling program in place by this time is simply not worth looking at. Buying land in highly prospective areas is easy; completing a successful drill program with results takes more expertise. The best strategy for exploration stage companies coming into this field is to: - Raise capital for land purchases and drilling. The key for sustained growth during a capital raise is to limit share dilution. - Seek out land that is highly prospective, either adjacent to operating mines, on previously operating mines, or in land that is analogous to existing development land. - Prove to the markets that the management team is worthwhile through flawless execution of good land acquisitions, execution of drilling campaigns, with strategic drilling done to move forward into economic assessments With Albermarle’s new mine in Nevada and Tesla’s forecast 2018 demand of between 25,000 and 35,000 TPA, the U.S. Southwest is becoming a new hotbed for the lithium industry. Hoping to capitalize on the new lithium rush, juniors in Nevada alone have raised over US$60 million for exploration and delineation in 2016. With two mines recently coming online and investors leaving the markets for the summer, a slight cooling off has been seen in the lithium realm. However, a keen investor will note that prices will start to move again with demand constantly increasing, and investors looking to enter the markets again in the fall. |
Posted at 09/12/2015 11:54 by qackers And there is more.Bacanora's lithium plans look perfectly timed 06:05 09 Dec 2015 The Sonora Project in Northern Mexico is host to an estimated 9mln tonnes of lithium carbonate, 5mln tonnes of which are in the higher confidence ‘indicated&rsq Bacanora's lithium plans look perfectly timed Batteries for electric cars, including the Tesla (pictured) require lithium. Here’s the big picture. The market for lithium has grown between 8-12% over the last 15 to 20 years, underpinned by strong demand from computer and mobile phone makers, who use it in batteries. The next phase of growth will be driven by the hybrid electric vehicles. The power unit of a Toyota plug-in Prius, for example, might require 7-10 kilograms of lithium, compared 3 grams for a mobile phone, or 30 grams for a laptop. Next-generation electric cars such as the Tesla Model S, might require around 50 kilograms. So consumption of the lightest of the metallic elements on the periodic table is only going to increase from its 180,000 tonnes a year. And, as the Paris conference on climate change gets into full swing, the renewable industry is going to require lithium by the truckload if solar and wind power are to succeed as replacements to fossil fuels. Nature’s own bounty doesn’t arrive at the point of peak demand for electricity; it is best described as an intermittent source of electricity. So giant batteries will be required to store the energy provided by the elements for when it is needed. Those batteries require what? Yes, lithium. Gold star, go straight to the top of the class. It is estimated half a tonne is needed just to store a megwatt of electricity. Against that backdrop, it should not come as a surprise that Bacanora Minerals (LON:BCN, CVE:BCN) is positively thriving. The Sonora Project in Northern Mexico is host to an estimated 9mln tonnes of lithium carbonate, 5mln tonnes of which are in the higher confidence ‘indicated&rsq If it comes into production as planned towards the end of 2018, it will be an internationally significant producer in a market dominated by a handful of players. The big three lithium producers are SQM and Albemarle Corp-owned Rockwood, which are both based in Chile, and FMC in Argentina. After that there is Talison in Australia, which is 51% owned by the Chinese, voracious consumers of the metal. There are a handful of other much smaller producers dotted around the world, but supply is polarised around a handful of firms in South America and one in Oz. Supply is tight. ASX-listed Orocobre’s Salar de Olaroz lithium facility in Argentina is expected to go into production in weeks. After that nothing - although Bacanora reckons its project will be the next cab off the rank as it were. It recently updated the resource estimate on Sonora after an extensive and largely successful exploration programme. And it will publish a pre-feasibility in the first quarter of next year. For the uninitiated, this document will give an overview of Sonora’s, potential including initial costings for building and operating a mine, along with the economics benefits of its. It will be constructed in stages, with initial production expected to be 17,500 tonnes, rising to 35,000 tonnes, then potentially on to 50,000. Analysts put the cost of the initial phase at anywhere between US$150-250mln, which would be funded from a mix of debt, offtake finance and a contribution from equity investors. Bacanora has been forward thinking in running a pilot production plant at Hermosillo, the capital of Sonora State, which around 200km from the putative mine. Running pilot production this way means the company already has a good idea as to the quality of the product it wants to sell. The plan is to upgrade and expand the small-scale facility to produce material that potential buyers, known in the trade as offtakers, can take away for testing over a period of three to six months. It is hoped a couple of them will sign up to buy the product on a long-term contracts and perhaps even contribute to the building of mine. There is plenty of early interest. And in August Bacanora and its Sonora joint-venture partner, the David Lenigas-run Rare Earth Minerals (LON:REM), revealed a supply agreement had been finalised with Tesla, maker of the Model S and Model X electric cars. Bacanora boss Peter Secker is tight-lipped on how that tie-up might develop, though it certainly provided a boost to the share price. The company didn’t immediately capitalise on the rise in its valuation, but waited until early November to raise £8.8mln from investors. This will provide it with more than enough cash to fund the pre-feasibility study, the expansion of the pilot plant and the comprehensive bankable study, which should be complete by end of next year. Driving the business towards construction and the production is boss Secker. Appointed in May, he has 30 years’ experience in the industry, a good chunk of which has been spent developing mines. In doing so he has raised US$700mln from the debt and equity markets and most recently oversaw the construction of the Quebec Lithium Project, including the successful negotiation of an offtake deal with a Chinese buyer. But Bacanora is not about one man. “We are putting together a team in Sonora that has built lithium mines over the last 25 years that has operated mines and done offtake agreements,” Secker told Proactive Investors. Bacanora, which has its primary quote in on the Toronto venture exchange, listed in the UK last July at 33p a share. Today the stock is worth just over 80p – not a bad return for investors who were able to pick up equity in IPO share placing. At current prices the business is worth around £78mln. But as Sonora is de-risked, with the completion of pre-feas and BFS, so that valuation should grow. The addition of offtake partners will provide third party validation of project. So there is still plenty of headroom for the stock. In fact given the lack of new lithium opportunities rolling off the mine development production line, potential buyers may come into acquire Sonora once it is up and running. Talison was bought for 12 times underlying earnings. Using those metrics Sonora would be worth in excess of US$500mln (£332mln) based on output of just 7,500 tonnes a year and an EBITDA margin of US$2,500. So it is fair to say the journey has only just begun for investors and the new management. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
