Rainbow Rare Earths Share Discussion Threads

[lasata] 28/4/2021 07:53

Luffness.......interesting!

[luffness] 28/4/2021 07:25

So ignore Burundi and RBW current market cap ascribes a value to Phalaborwa of usd3/t. Current basket price based on assay results is usd147/t

[lasata] 28/4/2021 07:18

Liking these assay results

[luffness] 28/4/2021 07:14

Further Phalaborwa assay results out - looking good

[32campomar] 27/4/2021 16:58

The South African venture is worth many multiples of the SP, Barundi will sort itself out, it's already Tomorrow's chip wrapper. The assays should give us a nice boost in the next few days.

[p winky] 27/4/2021 16:43

I topped up again

[luffness] 27/4/2021 15:17

Fair enough but my view is Phalaborwa will be the driver of the share price not Burundi in the short to medium term

[redhill9] 27/4/2021 14:47

I sold out completely as soon as I heard of government interference. Once politicians get involved there can be delays and costs beyond what anyone might think reasonable.

I'm in no rush to buy back - I suspect the share price will show nerves for a while even when the situation is resolved.

[timnicebutdim] 27/4/2021 10:48

With exports on hold, how long until they run out of cash reserves? As no exports = no income.

[lasata] 16/4/2021 16:09

Panic over

Assay results before long according to the interview...

[marktime1231] 15/4/2021 13:18

"could be a paperwork issue" sounds like what the defence lawyer suggests when you have been challenged over your tax returns, see Romie Tager.

More likely the govt of Burundi are suspicious at how much mineral is being exported from "test mining" and want to assert their rights, call them royalties or what you will.

It is encouraging that production can continue while the issue is resolved, which should not be difficult since it is in both parties' interests. Watching for an opportunity to add some.

[32campomar] 15/4/2021 13:14

Barundi is still a drop in the ocean compared with South Africa. Assays due any day now and all will be good again.

[henryatkin] 15/4/2021 13:09

The problem here now is that political risk has been highlighted. That drives down valuations & prevents many from becoming new investors. PAF & CMCL both very well run miners generating cash flow but on P/E valuations of 7 & 8 x earnings.

[lasata] 15/4/2021 10:19

CB is well versed in these sort of situations....vast experience.....unexpected opportunity to top up ...

[oapknob1] 15/4/2021 10:18

Somebody asked when does a trial mining operation become a mining operation. Pay up.

[magicmayhem] 15/4/2021 10:13

They are just looking for back hander. Give them some shares

[lasata] 15/4/2021 10:12

32Camp

Agree!

[32campomar] 15/4/2021 09:41

Great opportunity to add, South Africa alone is worth multiples of the current share price. Totally over reaction as usual.

[napoleon 14th] 15/4/2021 09:35

Chesty - that's Africa. Bigger question is WHY? Don't know yet...
hxxps://www.share-talk.com/rainbow-rare-earths-rbw-l-market-update/#gs.ytfq51

[chesty1] 15/4/2021 09:04

The notification was received by Rainbow's operating subsidiary, Rainbow Mining Burundi SM, from the Ministry of Hydraulics, Energy and Mines of the Republic of Burundi ("the Ministry") on 12 April 2021.

Why did the RNS come out after hours on the 14th then.....That stinks!!!!

[napoleon 14th] 15/4/2021 08:55

Processing Phalaborwa output should be an obvious long term advantage.
Many gov'ts want independent supplies other than China.

[robbiekeane] 15/4/2021 08:11

Could be paperwork issue, more likely government corruption and / or Chinese interference. Part and parcel of doing business in most African countries, as soon as the leaders sniff success and money they want some part of it...

[marktime1231] 14/4/2021 20:57

If the future is bright over the RBW then the producer collaboration of scale between Lynas + MP Materials must be a winner too. Can't invest in Lynas (ASX) from my platform, and MP (NYSE) is currently tethered to $35 at which price a huge fund raise is imminent. Before then MP jumped from $38 to $48 when Biden directed that the US needed to secure its own supply of critical resources.

[32campomar] 14/4/2021 20:00

Genuinely hope it gets marked down in the morning, great buying opportunity