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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 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
20/1/2017 09:31 | More big buys. Somebody accumulating? | hazelst | |
19/1/2017 21:20 | Vast deposits of a precious metal dubbed 'white petroleum' could be extracted from deep underground in Cornwall pushing the county to the forefront of a $70billion industrial revolution. Lithium, which is vital for rechargeable batteries in just about every device from phones to cars, could be extracted from the granite beneath Cornwall's landscape - making the duchy Europe's only source of the valuable material. In a major announcement made to the Stock Market this morning, private firm Cornish Lithium will confirm that it has secured the rights to develop the lithium deposits under Cornwall – undertaking the largest, single unified exploration project in the county's history. Read more: Where they've found lithium in Cornwall and why this could be a game changer for Cornwall The firm is led by Camborne School of Mines graduate Jeremy Wrathall, pictured below, a mining engineer who has worked with specialist investment banks. "We are very excited with the potential for lithium in Cornwall," he told CornwallLive. "We have been working on this idea for some time and are delighted that it has come to fruition. We believe it has the potential to be a major new industry in Cornwall." Read next: The dreaded A30 Temple roadworks WON'T be finished by Easter Lithium has been described as the 'white petroleum' by some analysts who predict it will help the world move away from fossil fuels and into a new era of battery powered energy. Batteries with lithium, pictured below, as a core component are lighter, charge faster and last longer than traditional batteries and according to an assessment by bankers Goldman Sachs could "replace gasoline as the primary source of transportation fuel." According to Fortune magazine growing demand for lithium from the automobile industry is starting to outstrip supply and one intelligence report reported prices for the metal were up 28% last year, while some related products saw a 47% rise. Cornish Lithium has signed agreements to develop potential deposits beneath the ground held by three main landowners in Cornwall, including the Tregothnan estate of Lord Falmouth and South Crofty in Pool, which is at the centre of a resurgence in tin mining. Richard Williams, chief executive of Strongbow, the mine's owner, said: "I think this is fantastic that Cornwall Lithium has developed a completely new exploration idea. It is a fantastic new opportunity for the mining industry." Jeremy Wrathall, of Cornish Lithium, and Richard Williams, of Strongbow. Lithium has been named a strategically important mineral for the UK by the Government because of its importance for developing industries and scarcity. At present, it is mainly mined in remote parts of Chile, Australia and Nevada in the USA but without a home grown source of lithium the UK would be vulnerable to shortfall as global demand increases. Read next: Doubt over who will run Penzance's Jubilee Pool after costs soar as town council pulls out The development in Cornwall will give the UK access to its own supply of the element, the market for which is expected to quadruple to $70billion by 2020. The lithium occurs in natural, hot brine springs under Cornwall and extraction is said to be clean and environmentally friendly, as well as offering the prospects of generating geothermal energy. South Crofty Mine, near Pool, which as well as tin could also be the site of lithium deposits High levels of lithium readings were first recognised in 1864 in water flowing into Cornish mines. Historically, the soft, volatile metal was regarded as a mere curiosity, as it effectively had no market, and when the mines in Cornwall closed it was largely forgotten. Cornish Lithium has identified the potential for these brines to be commercially extracted from deep water bearing structures via drill holes and believes that newly developed technology for extracting lithium offers the chance for a viable extraction industry across Cornwall. Read next: | temmujin | |
19/1/2017 21:10 | Ha ha ha, but yo man, i am right- went down like a ton of bricks!!! Ha ha ha!!! Rubbish! | rwauu | |
19/1/2017 18:32 | 7m buy, somebody's confident! | hazelst | |
19/1/2017 13:33 | Investment advice from a halfwit who can't even spell, let alone string a coherent sentence together! | adobbing | |
19/1/2017 12:54 | Sell sell sell. Rubbish is goin down down down!!! | rwauu | |
19/1/2017 11:29 | This a great share for trading. I hold a few of these and trade the rest, making money whilst waiting for the big news to drop, perfect! | hazelst | |
19/1/2017 07:16 | 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. | runthejoules | |
18/1/2017 18:00 | Jeez this one has been promising riches in dem hills for years, the share price has just been a disaster, like what's happening, looks terminal to me, chart shows nothing but a series of lows. | ny boy | |
17/1/2017 12:16 | Nice to see that TW is sucking DL co*k again!!! Good job Winnifruit!!! Make sure you lick the hairy balls too!!! Ha ha ha!!! Now that the research is aligned and there will be no shorting from winnifruit camp, we might expect this to pop!!! Ha ha ha!!! | rwauu | |
17/1/2017 07:14 | ^^ Hastings resource upgrade email! ^^ | aggieuk | |
17/1/2017 07:14 | https://gallery.mail | aggieuk | |
16/1/2017 20:38 | Yes, it's quite remarkable seeing the share price actually up on news. Keep it up! | rossowheels | |
16/1/2017 16:17 | There seems to have been a surge in buying after that single share buy,coincidence or what. | sanilav | |
16/1/2017 15:48 | Thanks for that plausible explanation. | sanilav | |
16/1/2017 15:35 | Sanilav I think that is either a Market maker trying to mess things up for everyone so they can get some cheap shares or someone who wants to see what real time price they can get per share but has pressed the wrong button. Either one shouldn't be possible imo! | runthejoules | |
16/1/2017 15:13 | Bit off topic,why buy or sell just 1 share,is this some sort of signal.I have seen these trades numerous times with other companys.Just be interested if anyone can shed some light on this sort of activity. | sanilav | |
16/1/2017 13:55 | Yeah, EMH is down 6%, REM is up 6%, which tells me EMH holders are ahead of the game and selling the news, and REM holders behind it and buying - unless either party knows something I don't! (I have a small EMH position) | runthejoules | |
16/1/2017 11:16 | Good news and the share price is up, something's wrong! | hazelst | |
16/1/2017 11:04 | ONE brain cell, a little generous if you ask me. | hazelst | |
16/1/2017 09:35 | rwauu Give your brain cell a rest | jimb2 | |
15/1/2017 18:21 | LGO is the lenigas stock to be in...trust me ...10 bagger by end of jan | temmujin | |
15/1/2017 16:26 | djfrankie2, Maybe you got in too soon? Or didn't read this: But when is the right time to be holding? | jimb2 | |
15/1/2017 13:49 | Lithiums! Ha ha ha!!! Rubbish stock!!! Prepare bin bags, Monday coming, might go to 0.3!!! | rwauu | |
15/1/2017 13:24 | Thanks kwizza, EMH looks ready for some action! | jimb2 |
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