Rainbow Rare Earths Share Discussion Threads

[purple11] 19/9/2017 07:09

Well that all sounds Super Duper.gl
BUY HOLD ADD

[shakeypremis] 14/9/2017 22:12

The TREO grades really suck too compared to Rainbows. Apparent TREO grades of 5% are considered very good. What do we have? Something like 60-odd %?

[croasdalelfc] 14/9/2017 20:05

Read this to appreciate what a low opex and capex program RBW have.Also how near to producing they are - 2 months not 2 years.

[croasdalelfc] 12/9/2017 17:57

Rare Earths getting rarer https://twitter.com/adamasintel/status/907588814113267712

[shakeypremis] 08/9/2017 12:55

Somebody picking up another 300k shares here. This has been going on for weeks.

[goodgrief] 07/9/2017 14:54

shakey... not too comfortable with the idea of youth militia running about the place and causing havoc (or carrying out genocidal acts). First sales can't come soon enough as far as I'm concerned.

[croasdalelfc] 07/9/2017 14:51

I bought another 18k at 11p . My average is about 11.2 and is now over 5% of portfolio . I'll leave it there for a while but if it stays this low and I'm able to bank profits from TUs in Sept then the profits might go here.Also TRIN which is very cheap, and producing

[napoleon 14th] 07/9/2017 13:14

Been adding in bits & pieces on different A/Cs.
I agree about the politics in Burundi; not exemplary, so not in too deep & spread across my SIPP/ISAs for balance.
Still a great bet IMO.

[shakeypremis] 07/9/2017 11:36

I've already quite a few here and I don't really want to risk buying more due to the unstable political situation brewing in Burundi. Africa in general is a risky place ot invest. It seems to get riskier the further South you go...

[croasdalelfc] 07/9/2017 11:31

The company is tweeting link to the Bloomberg article and CEO linking to it on Voxmarkets

[croasdalelfc] 07/9/2017 11:20

They also expect the first concentrate from Gasawge to be higher grade than that shown in the recent testing , increasing basket prices, With processing and first sales due in the next 3 months , its quite compelling. I wish I had more funds to buy stock.The annual costs are about $2m and could be paid for by the first 100 tonnes

[shakeypremis] 07/9/2017 10:56

Costs are supposed to be about $1090/tonne so that gives a profit of $20,865,000 for 1500 tonnes of concentrate at $15/kg.

Revenue : 1500t x 1000 x $15 = $22,500,000 / 1500 tonnes of concentrate

Costs : $1090/t x 1500t = $1,635,000 / 1500 tonnes of concentrate

Profit : $22,500,000 - $1,635,000 = $20,865,000 / 1500 tonnes of concentrate

£15,963,428.32 profit at the current exchange rate.

[croasdalelfc] 07/9/2017 10:32

I make Neo prices about $65 a kg and they make up about 15% of a basket of concentrate so about $9 a kg of RBW basket. The whole basket was said to be worth $13.5 a kg back in August. That must be more like $18 by now. Maybe even $20They are targeting about 1500 tonnes of concentrate in the first year. So discounting $18/kg back to $15 a kg and you get $22.5m in the first year. That is £17m GP and the MC is currently £16m

[shakeypremis] 07/9/2017 10:14

Fudgin' eck that's a big rise! Rainbow should make some decent profits if they are able to sell for market prices (or close to them).

[croasdalelfc] 07/9/2017 09:55

Neodymium prices surged by a third in August alone , 81% up in 2017.https://www.bloomberg.com/news/articles/2017-09-07/rare-earth-metals-electrified-by-china-s-illegal-mining-clean-up

[mp79] 06/9/2017 13:27

Croasdalelfc, ok I got Q2 and Q3 presentations. thanks

[croasdalelfc] 06/9/2017 12:42

MP - do you need that one as I'm sure there are later presentations

[mp79] 06/9/2017 09:12

30.01.17 Presentation PDF file appears lost on the RBW website? I am new entrant on RBW. Any guess where can I find it?

[purple11] 05/9/2017 12:07

stage in/out looking for position.
Don't trust half that you see and nothing that you hear.
large sells printing are often a precursor to a large upward move.cos they aint sells theyre buys....same applys with buys vica versa....maybe that's what were seeing.
read the tape only.
small is easy to see big is a different game.
an mm will always look to find traction.letitmovearound.gl

watchlist

[purple11] 05/9/2017 09:24

11.058 for small.

[purple11] 05/9/2017 09:03

nice to see full ask ut.
market starting to leave summer doldrums now.gl

[croasdalelfc] 05/9/2017 08:09

I reckon there will be another operational update at end of Q3 - end September - possibly with results

[croasdalelfc] 03/9/2017 17:58

I think the processing plant is being built now with completion expected by end of Q3.Production has already started with 1100 tonnes of Ore due to be mined by the time processing plant is completed.With the plant running at half capacity it should take 250 hours to work through the Ore.So by end of year we could be looking at 1000 tonnes of concentrate.Take a look at the Q3 presentation slide 20 - trial mine scheduleNB 1000 tonnes @ $13k a tonne = $13m or about £10m.

[eadwig] 02/9/2017 09:19

I added on the 31st @11p. Been waiting for lower, but buyers always move in and I miss out. News of plant arrival/assembly/testing/training and eventually concentrate production all due over next 3 months. Just hope the media pick up on it, I'd like to take some profit and then hold until next summer when I expect a GO decision on further mining to be announced.

Share price then will depend on projected production and really could be just about anything.