Rainbow Rare Earths Share Discussion Threads

[hazl] 06/3/2017 13:19

Perhaps we ought to go over to that bb and give them the virtues of RBW in which case!

[soulsauce] 06/3/2017 13:13

hazl don't think Black Rock are involved at MKA but Noble have a decent stake in matters.

[hazl] 06/3/2017 12:44

Does Blackrock have an investment in the others?
They are quite canny I would say and can afford to employ the best experts to research the likely worth of these companies going forward.


I would like to say albany villas that you cannot make a statement like that without some follow -up.
Please give us some facts as I am sure most of us would like to be ethical here.

[soulsauce] 06/3/2017 10:11

Not disputing the valuation here sian, just trying to get a handle on the disparity with MKA. They too could have a fairly near term production revenue through it's links with Noble.
As I said in one of my previous posts I like the look of both but have taken a punt on MKA at the moment because of the lowly valuation compared to the assets potential.

[sian] 06/3/2017 06:56

Soulsauce 125 -

Take a look at the research note (link above) with regards to prospective near term production revenue....you may conclude the valuation is woefully on the low side...

[soulsauce] 05/3/2017 23:45

No problem runthejoules

[runthejoules] 05/3/2017 22:21

Soulsauce I think it's because where we're going, we don't need drills! But thanks for the tip, looking up now.

[soulsauce] 05/3/2017 22:00

I must say the valuation does look odd compared to MKA. I asked the question a while back but no one cared to offer a reason.

Companies not too dissimilar on REE front and MKA drilling for uranium and lithium too yet that only £3m mkt cap.

Not saying anything wrong just trying to get an understanding?

[jon123] 05/3/2017 21:59

how about REM although its a share its more like an investment trust

its another way to play the REE's

[runthejoules] 05/3/2017 20:58

Albanyvillas I would love to read a link on this - is this the Gambia govt connection you're referring to or Adonis Pouroulis?

More widely, don't know about minerals but for ETFs I've found ROBO-G to be a good one but don't use stops as it judders a lot. SUK2s are a bit laggy but not as much as SUK1s.

[albanyvillas] 05/3/2017 20:51

I recall the directors past dealings in blood diamonds things are a bit crooked here

[shakeypremis] 05/3/2017 20:45

Care to elaborate Albanyvillas?

[albanyvillas] 05/3/2017 20:14

This looks like a con investment

#17m pounds of hot air

[hazl] 05/3/2017 19:39

Although ETF'S are easier and I have used them, I have avoided them for some time
in recent years.
Probably being over-cautious but if there was a crisis I personally wouldn't be sure of them.
I cannot remember the source of my reading any more and I certainly dismissed them rather soon, so please don't let me put you off.

IMO

[dingo75] 05/3/2017 17:52

this is going to be making profits a lot more than it's market cap in a short time.

give away price @ 11p

[multibagger] 05/3/2017 17:06

Finished the book - the first 10 chapters being a real eye opener and the 11th on policy etc.

But convinced that rare metals are going to be needed in greater quantities and have to apply the new found information in the context of RBW (and see if it adds up), but will seriously look into the ETF - REMX.

Good luck all :)

[hazl] 05/3/2017 10:43

Thanks multib it's what bbs are at their best...
A share of information.

[shakeypremis] 05/3/2017 10:42

I think we need to find out more information about the debt position of this company.

From the company prospectus, page 78:

hxxp://www.rainbowrareearths.com/wp-content/uploads/2017/01/Rainbow-Rare-Earths-Prospectus-25.01.17-FINAL.pdf

Capitlisation and Indebtedness

Secured debt: $1,723,000
Unsecured debt: $272,000

Total Indebtedness: $1,995,000

Not a great deal.

[multibagger] 05/3/2017 08:48

Follow up post from 93: 25 Feb 2017

still reading..."Elements of power" by David Abraham and finding it fascinating. Essential reading I would think for anyone interested in rare earth elements and metals - multifaceted approach to the various issues around the sector.

I'm thinking of buying a Rare Earth ETF as well...Van Eck do them. Looks like we are going to see a strong secular trend in rare metals...like biotech, IoT or cybersecurity and hence ETF offers a relatively risk free approach, than just buying into one company in one country.

Good luck all :)

[hazl] 04/3/2017 10:14

thanks indeed sian I suspected there were purchases in there.

8-)

[sian] 03/3/2017 15:25

Hi hazl

the 44k was my top up this morning.......

[hazl] 03/3/2017 14:58

IMAGINE that the mid price is out of kilter and some of those are 'buys' rather than 'sells'?
Can anybody confirm?
Yes flash was the essence of it or perhaps I should say whiff?

[flashheart] 03/3/2017 11:49

Was that his comment hazl lol ? No exactly. Blackrock are renowned for their diligence regards metals and mining enterprises. No worries here and looking to add in the near future.

[multibagger] 03/3/2017 10:28

...alternatively where the is muck there is money - each to their own :)

I'm pretty positive about RBW prospects based on the rare earth commodity prospects and sensitivity to geopolitical issues - and patient to boot ! I will add on new price highs when backed by volume.

[hazl] 03/3/2017 09:54

Well flash....I don't think Blackrock would have bought in if it stunk...put it that way!