Rainbow Rare Earths Share Discussion Threads

[32campomar] 25/2/2021 16:44

That's quite an impressive bull flag on the chart. Unless anything untoward happens, it will break higher

[trad3m3] 25/2/2021 14:40

How much is that in the share price ..? somewhere over the rainbow idea ???? :)))) not fully loaded yet was counting on some larger dip :(

[oapknob1] 25/2/2021 14:27

Pumpy pish. What's the concentrate price. ?

[odsjp] 25/2/2021 09:50

That is how I see it as well...

There is nothing to mine, it is just there waiting to be processed by a suitable plant (with a working pilot plant to use as a base).

It should be quick to bring to production, generate significant revenue/profit and it will help fund Gakara in the medium to longer term.

[luffness] 25/2/2021 09:04

NdPr now $86000 a ton - say 50000 tons of NdPr at Phalaborwa or $4.3bn and current mkt cap is?

[odsjp] 25/2/2021 08:59

Note that NdPr is now 555,000RMB (up almost 6%) which is $86,000

On 23/02 (post 2731) it was 500,000RMB up from 468,000
On 24/02 (post 2744 it was 525,000RMB
Today 550,000

[oapknob1] 24/2/2021 18:20

So why say " usual aim shenanigans. "Other than to be negative?

[bscuit] 24/2/2021 17:01

Stepped aboard this morning @0815,so good to have a blue day!

[odsjp] 24/2/2021 17:00

Some interesting articles to read.

hxxps://mineralprices.com/rare-earth-crisis-looms-following-chinas-export-clamp-down/

hxxps://mineralprices.com/japans-rare-earth-metals-quandary-is-far-from-over/

hxxps://mineralprices.com/us-and-allies-to-build-china-free-tech-supply-chain/

[glasswala] 24/2/2021 15:01

I thought it was aim. Sorry got that wrong!

[odsjp] 24/2/2021 13:38

Getting better but the day
NdPr up another 5% today to 525,000 RMB that is $81,250

[oapknob1] 23/2/2021 22:36

Which market are RBW listed on ?

[oapknob1] 23/2/2021 22:36

Which market are RBS listed on ?

[oapknob1] 23/2/2021 21:34

So couldn't possibly be Australian Special Opportunity Fund, LP disposing of their 2,700,000 shares purchased at option price for near 3x profit? Your only conclusion is must be another placing imminent. Or maybe they'll wait on the remaining Phalaborwa drill results before raising?

[glasswala] 23/2/2021 19:09

No unfortunately i am already a shareholder but have a sneaky feeling a placing is being planned. The share purchase by Directors wife and then the price shooting up and now being bought down slowly to get a placing done usual aim shenanigans.

[oapknob1] 23/2/2021 16:49

You need shares then? Want the price to drop?Last one was 5% discount to the closing share price.Previous Placing Price represents a 3.4% premium to the closing mid-market share price

[swanvesta] 23/2/2021 12:13

This is the regular concentrate price, as a guide.

[glasswala] 23/2/2021 09:45

This is now priming for a placing. What price would you say for the placing 15p??

[oapknob1] 23/2/2021 09:41

Doesn't need ramping with inflated estimates.

[lenses] 23/2/2021 09:23

Looks to be similar quality as Phalaborwa output so sell at 80% of contained NdPrO price?

~$30k/t to the West?

West needs separation plants.

Note this downstream processing to go on in SA by Plalaborwa.

[odsjp] 23/2/2021 08:44

I have no idea what they are selling the concentrate for but it is obviously considerably less then $75,000 per tonne

However if the end price goes upon there is a good reason why the raw material should also go up. I have posted below some pictures from mineral prices and Kitco of rare earth prices and they do not include the update from this morning yet but it covers all the rare earths.

[swanvesta] 23/2/2021 08:43

You're spoiling the fun!

[oapknob1] 23/2/2021 08:29

What is the concentrate price, given that is what RBW are currently producing ?

[odsjp] 23/2/2021 08:19

Have you checked the PRE thread? Rare earths prices went up significantly this morning in the Shanghai market. It won't be long before the main stream media pick up.

I have posted below the current chart from metals.com. 500,000 RMB per metic tonne is the equivalent of $77,500.

[onsideman] 23/2/2021 07:49

I made it closer to $150m

10k x 39% x $40k ($45k less circa $5k costs)