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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rare Earth Minerals | LSE:REM | London | Ordinary Share | GB00B067JC96 | ORD 0.01P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 0.51 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
05/10/2016 10:45 | I was referring to rwauu's pearls of wisdom. Shouting the odds one minute and then coming out with the obvious - a truly mixed up character! | redhammy | |
05/10/2016 10:17 | Easier said than done hammy! | hazelst | |
05/10/2016 09:42 | Buy low & sell high. You heard it here first folks, Warren Buffet eat your heart out! | redhammy | |
05/10/2016 08:13 | The price was deliberately dropped for mates rates. Those 5 million buys are good news. | hazelst | |
05/10/2016 08:11 | My top up was well timed it would appear ;-) | hazelst | |
04/10/2016 13:46 | Top up time..... just couldn't resist! | hazelst | |
04/10/2016 10:21 | rwauu, I take it you are either 1, a bitter ex shareholder 2, a nutter or 3, both. Yes, you have made your point, and I must add that your grammar is terrible. | redhammy | |
04/10/2016 09:33 | So regular pumpers can make an annual wage in just a few days and spend tge rest of year massaging bulleten boards and tanning in sun. | rwauu | |
04/10/2016 09:25 | I´ve noticed very little was mentioned about the rejected bid for Bacanora on 30th September..if anyone is interested here is a little more about it..... REM, which already holds a 19.8% stake, has suggested a share-based reverse takeover that values each Bacanora share at 88.5p- Bacanora Minerals (CVE:BCN) has rejected a merger proposal from its fellow lithium explorer and shareholder Rare Earths Minerals (LON:REM). REM, which already holds a 19.8% stake, has suggested a share-based reverse takeover that values each Bacanora share at 88.5p, but the board of the Canada-listed company says this substantially undervalues its assets and potential Bacanora's board noted that only last week REM bought 4.5 mln shares at 100p per share in cash and added the offer would dilute near term and life of mine cash flow for non-REM shareholders. Sonora, in Mexico, is Bacanora's main asset and considered a potentially world-class lithium deposit. A pre-feasibility study in March indicated a net present value of US$776mln, while a more detailed bankable study is expected to be finished in the first quarter of next year. Earlier this week, Bacanora’s plan to switch domicile to the UK was voted down by shareholders, with REM’s decision to vote against the move a key reason it failed. Bacanora said it still considers the switch would be in the best interests of the company. James Leahy, chairman, said: “The Proposed Offer is opportunistic and materially undervalues Sonora. “The Bacanora team has made excellent progress in successfully de-risking and advancing Sonora, and at the same time has successfully raised capital from blue chip institutions, who are fully supportive of progress made to date and management’s ability to deliver Sonora as the world’s next major lithium mine. “In our view, as well as undervaluing the Company, the Proposed Offer has the potential to impede the project’s development going forward.” Rare Earth seem to be caught on the hop a little by Bacanora’s decision to make its approach public knowledge and only confirmed its move on Friday afternoon though a holding statement. | loganair | |
04/10/2016 09:23 | Regular pumpers will load up on 0.3 or whatevwr cheapest rubbish and dump it att double or triple the price. Rince and repeat. | rwauu | |
04/10/2016 09:07 | 0.7 support is broken. Now 0.69 and lower!!! Ha ha ha!!! Everyobe knows that rem is out of money now! So placemwnt ahoy today, jam tomorrow!!! Since rem loves buyng unproven rubbish at insane market valuations (because the same chronies on all rubbish boards (cough cough)), so here we go- rubbish is going down. ,now watch and learn. | rwauu | |
04/10/2016 08:34 | Don't see that. Just broken through support | dgs2 | |
04/10/2016 07:38 | Top up time approaching, buy on the dips and be patient....REM's time will come! | hazelst | |
03/10/2016 13:31 | Very relevant? What planet are you on? | hazelst | |
03/10/2016 11:31 | FYI Great read this and very relevant Mkango Resources, Sula Iron & Gold Deal Collapses! Sula Walk! Why NO RNS? Dan x | daniel levi bmd | |
03/10/2016 11:30 | Ha ha ha!!! Placement ahoy is coming!!! Gigabullionzillionah | rwauu | |
03/10/2016 10:43 | Below 0.7p and I'll be topping up! | hazelst | |
01/10/2016 08:44 | It seems unlikely that REM actually believes that it's bid is a fair price for the assets. If anything, the bid has probably not helped to persuade the market that the assets are worth as much as some have previously suggested. It could be a rouse to flush out other suitors, although I doubt it as I'm sure REM would like to have control and fast pace the project to production. | rossowheels | |
01/10/2016 08:06 | Just read the new rem rns "Further to the Rare Earth Mineral Plc (AIM: REM; OTC: REMMY) announcement on 20 September 2016, REM reports that it has now completed the purchase of 4.5 million existing ordinary shares in Bacanora Minerals Ltd ("Bacanora") for a consideration of GBP4.5 million via an on-market transaction." What is so great about this? If one really wants BCN, one can buy it at 90 pence a piece while rem paid 11% more. Even more reason to invest in bcn rather than rem if one wants to take a punt. | riskvsreward | |
01/10/2016 07:54 | Can anyone enlighten good reasons for investing in rem? Reading the recent reported accounts it says it has net total assets of about £28 m yet it has a market cap of about £55 m, meaning investor paying £1 for 50 pence. Why? Its assets are mostly listed companies like BCN, Metal tiger etc, which investor can buy in the market if their main reason is the bright lithium prospect, avoiding the disadvantage of losing out to the rem management taking a running cost which is reported as about £1.1 m for the latest half year, working out as over 7% of the net asset annually. Also imagine with a huge position in companies like BCN, how can rem exit it if it needs to without significantly depress the bcn value? | riskvsreward | |
30/9/2016 22:10 | djfrankie2, I think Lithium has great future. Yet the questions remain about companies like REM and BCN. Will they dilute themselves to death? Can they produce on time? Can they (most likely REM) find a buyer who can return to shareholders more than they invested??? Many questions remain. There were some DL tweets today which he removed. I am not sure ws he ramping as usual or there is something going on... | rwauu |
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