Rainbow Rare Earths Share Discussion Threads

[larva] 03/3/2017 09:06

This stinks to high heaven

[hazl] 03/3/2017 09:05

Thanks and regardless of how the general stock market fares,technology needs are not going to go away,so eventually we will see great interest I think.

[shakeypremis] 02/3/2017 21:46

Yes, if you'd like to hazl, go ahead.

[hazl] 02/3/2017 14:18

shakeypremis can I have your permission to post the link on the sha thread?

[shakeypremis] 01/3/2017 21:42

I think I'll add revenue projections per annum based on the 3900 tonnes figure over two years to the note. 1950 tonnes per year? Odd figure, but any way.

[sian] 01/3/2017 21:09

Agreed novicetrader68

An excellent and informative research note worthy of any broker IMO

done...............

[novicetrade68] 01/3/2017 20:33

sian, would it perhaps be possible to put the research note in your header as then it won't get buried when we're 20 posts further down the line. It's a very worthwhile read I think, highlights the potential upside here.

[sian] 01/3/2017 20:07

Thank you Shakeypremis....much appreciated

[shakeypremis] 01/3/2017 17:49

Sian,here you go:

hxxps://dl.dropboxusercontent.com/u/73464917/Research%20notes/LON-RBW_Research-Note.pdf

If anyone spots anything they think is incorrect or has anything they feel would be worth adding, post on here and let me know. It's a work in progress and can serve as our master repository of knowledge on Rainbow.

[hazl] 01/3/2017 12:50

thanks sian for link

[sian] 28/2/2017 20:53

Hi Shakeypremis......

I wonder if you would maybe re-post your excellent informative research note here for the benefit of the board and new investors.

Best Regards

Sian

[sian] 28/2/2017 20:28

Shares Magazine - Big News 19.01.2017

Petra Diamonds founder to float rare earth miner

Rainbow Rare Earths could start generating revenue this year

A mining company offering near-term production, low capital expenditure requirements and a fully permitted project is set to join the UK stock market on or around 27 January. Rainbow Rare Earths is backed by investor and developer Pella Resources, best known for helping to build Petra Diamonds (PDL) from a small exploration business to become a FTSE 250 multi-project, £840m market cap miner.

We think Rainbow looks very appealing with a straightforward investment proposition. It hopes to pay dividends in the future.

RARE EARTHS FOCUS Rainbow is restarting the Gakara rare earths mine in Burundi that previously operated between 1948 and 1978. It will use excavators to remove the top layer of earth and then manually mine the veins. The miner will produce a concentrate and sell it to German conglomerate Thyssenkrupp under a 10-year offtake deal. Rainbow’s production will be sold at market price for a basket of rare earth elements minus a discount for it being in concentrate form. ‘Our average (in-situ) grade is 57% versus 3% average for rare earth projects around the world,’ says chairman Adonis Pouroulis.

Trial mining should begin by April, producing around 3,900 tonnes of concentrate over a two-year period. Its first concentrate will be available for sale after approximately nine months of trial mining. The equipment will be designed to produce 5,000 tonnes per year of concentrate so there will be no future capital requirements under the current mine plan. The company is confident it will seamlessly move into commercial production once the trial mining period ends.

GROWING DEMAND
Demand is growing for rare earth elements which Petra Diamonds founder to float rare earth miner Rainbow Rare Earths could start generating revenue this year are used in applications including electric vehicles, smartphones and wind turbines.

China has a near-monopoly over the supply of rare earth elements. Many non-Chinese end users are eager to mitigate supply risks by actively supporting the development of non-Chinese sources of supply, claims Rainbow. The company hopes to raise $7m to help fund capital expenditure ($2.3m), working capital ($2m), repay borrowings worth $2m and the rest to cover the costs of joining the stock market. The business is expected to be valued at between $17m and $22m when it floats on London’s Main Market. Pouroulis is also chairman of Petra Diamonds and he founded Pella Resources. The latter business helped to finance successful chrome miner Tharisa (THS) and Chariot Oil & Gas (CHAR:AIM). Pouroulis says other companies from the Pella portfolio may soon float on the UK stock market.

SHARES SAYS: Looks very interesting and Pouroulis’ involvement adds credibility to the story. Get ready to buy as soon as it floats on the market. (DC)

[soulsauce] 28/2/2017 11:34

Wondering what this has over MKA to give such a disparity in the mkt caps? I like them both but not sure what I am missing?

[multibagger] 25/2/2017 18:06

Thanks jon123 for sharing.

I have ordered a book called "Elements of power" on the same theme from Amazon just now.

RBW seems to tick a number of boxes re investment potential with the usual risks associated with resource mining in less stable/unpredictable parts of the world. However, RBW senior team have very strong experience of working in Africa and according to the website, have employed the former Minister of Mines for Burundi - so may be able to navigate better than most.

I have taken a small position in RBW and will add depending on market sentiment and mining progress....expect it may take about 12-18 months for more traction, but with AIM mining stocks, one can never tell when the share price will rocket for no good reason !

Good luck all :)

[jon123] 25/2/2017 12:23

maybe of interest to a few on here

[novicetrade68] 24/2/2017 15:10

Some movement today and available shares getting smaller yet again.

[novicetrade68] 23/2/2017 08:53

You can buy 150k shares in one go, used to be 250k, so the overhang is getting slowly reduced, I added some shares myself yesterday and will buy more if it drops even further.

At some point the herd will arrive here, just a matter of when and not if - I think !

[hazl] 23/2/2017 08:23

yes still comfortable here

[novicetrade68] 23/2/2017 08:20

Trial mining within two months if we are still on track. I think this will have its day soon, once the 3m overhang is cleared.

[mustau] 23/2/2017 07:58

For once I jumped in too soon, this time next year I guess!
Any news expected in the short term?

[shakeypremis] 16/2/2017 17:54

2 tonnes of neodymium per wind turbine I have somewhere I think.

[hazl] 16/2/2017 16:34

older but relevant imo

[brando69] 16/2/2017 16:00

this looks set for return to IPO price. no rush to buy in for now