Rainbow Rare Earths Share Discussion Threads

[napoleon 14th] 01/1/2021 23:06

Working capital for the new project.
RBW was not brimming with cash.

[oapknob1] 31/12/2020 07:13

Wonder what they'll use the £158k for.3,000,000 shares issued at 5.28p

[onsideman] 23/12/2020 16:30

Yes, most odd

[cowie19] 23/12/2020 16:10

very quiet considering shares are up in excess of 10% today

[swanvesta] 19/12/2020 16:21

Bit of discussion on Gakara in todays Rare Earth Observer:


Also, further down, a rather ambiguous comment on the Phalaborwa news:

>>>
Rainbow Rare Earths Completes Acquisition Of Phalaborwa

Rainbow Rare Earths Ltd - Burundi, East Africa-focussed rare earth element miner - Announces the initial completion of the transaction to acquire the Phalaborwa Rare Earths project. Initial consideration is USD250,000 with two additional tranches of equal amounts paid over the next year.

Comment: There are many other projects with the same concept out there.

[robbiekeane] 19/12/2020 11:54

Lynas Corp in Australia are the biggest non-Chinese producer. MP has recently been pumped in the US. Pensana (PRE) are interesting play, BFS due Jan and will have a UK processing facility operational late 2022. RBW will need a lot of cash to move forward, maybe the best bet for shareholders is if they get taken out by a bigger player.

[robbiekeane] 19/12/2020 11:43

Not one mention of BFS in most recent presentation which strikes me as odd. Surely they will require institutional funding for construction costs and realistically they won't get that until they produce a BFS (which takes time).

[devonlad] 18/12/2020 07:44

Short and sweet!

[matt123d] 18/12/2020 07:32

Getting closer to a buy back spot. 7.5p would be better.

[32campomar] 18/12/2020 07:05

News this morning should help the share price this morning

[lenses] 17/12/2020 15:18

Tnx for flagging that OAP.

That's how the money's made.

Appreciated.

[oapknob1] 17/12/2020 12:26

No topping up at these levels ? That 100k " buyer " you were talking about has really been trading and driving the share price

[odsjp] 16/12/2020 11:20

Has everyone seen these?

Phalaborwa fact sheet

[recordz] 15/12/2020 16:43

This is going round in circles.

[odsjp] 12/12/2020 13:37

I have just seen the new presentations. Looks very good. Onwards and upwards.
Hopefully an RNS next week

[oapknob1] 12/12/2020 11:56

Sorry lost me teeth.

[devonlad] 12/12/2020 11:01

Very interesting oap. I would hazard a guess that rbw will ne taken over at some point. The board own 29% of the shares which is very important to me as an investor. Low levels of radioactive waste make both projects very unique. Demand is going to increase significantly, supply is limited because these elements only appear in viable extraction quantities in a few places in the world. The dominance of China could lead to supply restrictions. I would expect a further fundraising in due course to allow for faster growth. The presentation is aimed at it's, I expect further stake building in near and mid terms. The south Africa project could be absolutely huge, not just for the rare part but also for the sale of clean gypsum. Very exciting times ahead.

[devonlad] 11/12/2020 20:24

Thanks, will try to get a glance over the weekend.

[oapknob1] 11/12/2020 18:23

Corporate Presentation Dec 20 is on the website.

[oapknob1] 11/12/2020 16:19

Wouldn't want to be out of this over weekend now would you.:-D

[devonlad] 11/12/2020 15:34

.... or his false teeth! RNS due, didn't get a response from the company, will call them next week if there isn't one.

[recordz] 11/12/2020 12:31

Some large buys appearing. 100k,250k.

[rmstorms] 10/12/2020 14:25

Been out of REE for a while . I see mountain pass California brought the bankrupt mine back into production because of China’s strangle hold . China state subsidies to fund none profit making Chinese REE mines keeps the majority going . So to be correct we are possibly the only profit making self sufficient mine .