Rainbow Rare Earths Share Discussion Threads

[chesty1] 02/12/2020 16:37

Oversubscribed so anyone selling will hopefully picked up! Who knows some in the placing might even wanna hold for more than 24 hours it's a crazy world haha!

Had the market of thought it was going to have that much of a negative effect on the share price it wouldn't have risen so much today imho!

Be lucky to all

[onsideman] 02/12/2020 16:34

Yeah, I'd expect it to have a broadly negative effect on the share price but hopefully some will be in sticky hands and some will have been forward sold

[carlisle44] 02/12/2020 16:21

and what of the 42m shares due to be issued/admitted tomorrow @ 6p a shot?

[devonlad] 02/12/2020 16:09

It will get taken out because there is so much buying pressure. As soon as the weak holders cleared, next leg up beckons. I think that will be 15p and then it should have a nice set up for 24/25p but that will take some breaking imho, nai, dyor.

[chesty1] 02/12/2020 15:52

Certainly looks like it wants too!

[computerclinic] 02/12/2020 15:50

3rd time might be lucky to cross 11p mark. Let's push it.

[matt123d] 02/12/2020 14:20

Cleared the selling there, cleverly done by the buyer.

[devonlad] 02/12/2020 14:20

Ha, Chesty, make more than on TPL. Mr 100k buyer is back, that has to be a fund buying in, been at it for days now.

[chesty1] 02/12/2020 14:14

hhhmmmm

Had a dabble @10.5p but only just a punt! let's see!

Someone is buying.

[recordz] 02/12/2020 13:44

Fair bit of selling but its holding around the same price.

[devonlad] 02/12/2020 13:15

Yes, obvioulsy you are correct and none of the recent buys are made by people with any intelligence and have no knowledge of what RBW does or the recent deal and this has been pumped to the hilt somewhere in the ether, I stand corrected. Or possibly the ten posts a day on here has resulted in the many hundreds of trades currently taking place per day and the significant rise in volumes.

[swanvesta] 02/12/2020 12:47

"The share is being bought by investors who have done some research?"

Really? So they're loading up now at 10/11p but were too timid at 5/6p? They might have saved themselves some dilution on the placing if they'd bid it up a bit earlier.

[h2owater] 02/12/2020 12:15

CRU: The rare earths 'basket problem' is intensifyingNEWS PROVIDED BYCRU 01 Dec, 2020, 09:00 GMTLONDON, Dec. 1, 2020 /PRNewswire/ -- The transition to a green economy represents a major opportunity for rare earths demand in the coming decades, with so-called 'magnet rare earths' – especially neodymium (Nd) and praseodymium (Pr) – found in a wide range of green applications: from offshore wind turbines, to electric vehicle powertrains.https://www.prnewswire.co.uk/news-releases/cru-the-rare-earths-basket-problem-is-intensifying-884525412.html

[devonlad] 02/12/2020 11:44

Well I concede to your better knowledge of all of the investors that you have never met then Chesty and the wide range of research that you have carried out on this company. I think that you should also point that out to the far less knowledgeable investor or insti that has been block buying 100k and 150k blocks for the last week as well. They obviously haven't read the latest RNS either

[matt123d] 02/12/2020 11:38

They have risen from 3p! Says it all.

[chesty1] 02/12/2020 11:35

Sorry to correct you

Devonlad2 Dec '20 - 11:22 - 2439 of 2440
0 1 0
The share is being bought by investors who have done NO research?

[chesty1] 02/12/2020 11:30

This has classic p&d written all over it imho!

[devonlad] 02/12/2020 11:22

The share is being bought by investors who have done some research?

[swanvesta] 02/12/2020 11:20

Pensana has 15x the resources with plans for its own refinery, close to BFS and market cap only 3x RBW. What exactly is going on here?

[odsjp] 02/12/2020 11:04

Some rare earth news items

hxxps://mineralprices.com/china-enforces-new-export-controls-red-letter-day-for-rare-earths/
hxxps://mineralprices.com/the-rare-earths-basket-problem-is-intensifying/
hxxps://mineralprices.com/export-control-law-to-affect-rare-earths-uavs/

[justtrying1] 02/12/2020 10:46

So overvalued it's unreal

[h2owater] 02/12/2020 09:56

Key terms of the Agreement-- A total consideration of US$750,000, in a combination of cash and shares (priced based on the prevailing Rainbow share price on date of issue), shall be paid by Rainbow to Bosveld in three equal tranches over twelve months, with the first tranche being payable after completion of an initial due diligence process. The due diligence process is expected to last up to 35 days and a further announcement will be made on completion of the due diligence process.

[h2owater] 02/12/2020 09:55

Rainbow Rare Earths set to become one of the world's largest producers of neodymium and praseodymium, following latest dealRainbow now has two high grade rare earth projectsRare earths are much in demand from European and North American investors at the moment, as supply chains have been under increasing scrutiny as a result of the US-China trade war and coronavirus."There's huge interest globally in rare earths at the moment," says Bennett. "Neodymium and praseodymium are the key rare earths used in permanent magnets required in EV's, direct drive wind turbines, and other technology, underpinning the green revolution."https://www.proactiveinvestors.co.uk/companies/news/933133/rainbow-rare-earths-set-to-become-one-of-the-worlds-largest-producers-of-neodymium-and-praseodymium-following-latest-deal-933133.html

[h2owater] 02/12/2020 09:51

35 days are up next Tuesday RNS anytime before that

[devonlad] 02/12/2020 09:41

Need a few stale bulls to clear and then it should be. I think when it breaks, next logical stop for a pause is 15p but there isn't any resistance on the chart to 24/25p unless some better chartists than me would like to prove me wrong, always willing to learn.