Rare Earth Minerals What Is Proposed with Chart

Saturday, Dec 11 2010 by
4

I thought Rare Earth Minerals (LON:REM) Chart was looking quite good:

REM Chart with Technical Analysis

Here is an overview about what Rare Earth Minerals; What Rare Earth Minerals (LON:REM) is about, for New Investors.

Extract from the RNS Posted by Rare Earth Minerals on 12th November 2010:

Proposed Adoption of an Investing Policy

The Company's proposed investing policy, which is subject to shareholder approval, is to acquire a diverse portfolio of direct and indirect interests in exploration and producing rare earth minerals and/or metals projects and assets . In light of the nature of the assets and projects which will be the focus of the Investing Policy the Company will consider investment opportunities anywhere in the world.
The Directors have considerable experience investing, both in structuring and executing deals and in raising funds. The Directors will use this experience to identify and investigate investment opportunities, and to negotiate acquisitions. Wherever necessary the Company will engage suitably qualified technical personnel to carry out specialist due diligence prior to making an acquisition or an investment. For the acquisitions which they expect the Company to make, the Directors may adopt earn-out structures, with specific performance targets being set for the sellers of the businesses acquired, and with suitable metrics applied.
The Company may invest by way of outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, partnerships or joint venture arrangements. Such investments may result in the Company acquiring the whole or part of a company or project (which in the case of an investment in a company may be private or listed on a stock exchange, and which may be pre-revenue), and such investments may constitute a minority stake in the company or project in question. The Company's investments may take the form of equity, joint venture, debt, convertible instruments, licence rights, or other financial instruments as the Directors deem appropriate.
The Company will be both an active and a passive investor depending on the nature of the individual investments in its portfolio. The Company intends to be a long-term investor and the Directors will place no minimum or maximum limit on the length of time that any investment may be held.
There is no limit on the number of projects into which the Company may invest, nor the proportion of the Company's gross assets that any investment may represent at any time and the Company will consider possible opportunities anywhere in the world.
The Directors may offer new ordinary shares in the Company by way of consideration as well as cash, thereby helping to preserve the Company's cash for working capital and as a reserve against unforeseen contingencies including by way of example, and without limit, delays in collecting accounts receivable, unexpected changes in the economic environment and unforeseen operational problems. The Company may in appropriate circumstances, issue debt securities or otherwise borrow money to complete an investment. There are no borrowing limits in the Articles of Association of the Company. The Directors do not intend to acquire any cross-holdings in other corporate entities that have an interest in the Ordinary Shares.
There are no restrictions in the type of investment that the Company might make nor on the type of opportunity that may be considered.
As an investing company, Zest will be required to make an acquisition or acquisitions which constitute a reverse takeover under the AIM Rules or otherwise implement its investing policy on or before the date falling twelve months from the adoption of the new investing policy, failing which, the Company's ordinary shares would then be suspended from trading on AIM. In the event the Company's ordinary shares are so suspended and the Company fails to obtain shareholders' consent to renew such policy, the admission to trading on AIM of the Company's ordinary shares would be cancelled six months from the date of suspension and the Directors will convene a general meeting of the Shareholders to consider whether to continue seeking investment opportunities or to wind up the Company and distribute any surplus cash back to Shareholders.

Proposed Name Change

Conditional upon the adoption of the proposed investing policy, it is proposed to change the Company's name to Rare Earth Minerals Plc.


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Rare Earth minerals plc is engaged in the identification, development and mining of rare earth minerals. The Company’s principal business is to acquire a diverse portfolio of direct and indirect interests in exploration and producing rare earth minerals and or metals projects and assets. The Company has 100% Interest in four Exploration Licenses covering a area of 870 square kilometers. The Company owns 30% of the Fleur-El Sauz Lithium Project with 70% owned by Bacanora Minerals Ltd (Bacanora). The Company has a 30% free carry Interest in Yangibana rare earth project situated in the Gascoyne region of Western Australia. The project is managed by Hastings Rare Metals Limited (HRM), which has a 60% interest in the Yangibana project. more »

Share Price (AIM)
1.23p
Change
-0.0  -0.4%
P/E (fwd)
n/a
Yield (fwd)
n/a
Mkt Cap (£m)
70.4



  Is Rare Earth Minerals fundamentally strong or weak? Find out More »


5 Posts on this Thread show/hide all

flyingswan 29th Dec '10 1 of 5

Rare Earth Minerals REM should feel the benefit of China Restricting Quotas for Rare Earth Minerals:

China Cuts Export Quotas for Rare Earths by 35% in First Round of Permits
By Bloomberg News - Dec 29, 2010 3:06 AM GMT...

http://www.bloomberg.com/news/2010-12-28/china-cuts-first-round-rare-earth-export-quotas-by-11-correct-.html

For the potential effect of China's rare earth move, take a look at what happened yesterday in the US: REE is up almost 25%, AVL 20-odd% and MCP 10% ... not saying that will happen here (or on RRR, etc) tomorrow, but who's to say ....

All the best for 2011 and beyond.....

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flyingswan 29th Dec '10 2 of 5

REM one of the Top Risers on Digitallook FTSE AIM All Share Index:

Top Risers
Price Change
PMG 32.00p +30.6%
REM 0.84p +24.6%
INFA 27.50p +19.6%
MATD 120.00p +12.1%
ATC 0.53p +8.2%
AGQ 47.50p +7.3%
OTC 1.96p +6.5%
BZT 44.50p +4.7%
TMC 26.25p +4.0%
EKF 29.50p +3.5%

http://www.digitallook.com/security.cgi?csi=52744&username=&ac=

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flyingswan 29th Dec '10 3 of 5

Assessing the outlook for Rare Earth Metals
Wednesday, December 29, 2010 by Ian Lyall
http://www.proactiveinvestors.co.uk/companies/news/24269/assessing-the-outlook-for-rare-earth-metals-24269.html
You find them in everyday items such as TVs and iPods. Yet they are so sought-after they could conceivably spark a trade war.
China has them in abundance, but increasingly refuses to share. Meanwhile the US, Japan and Korea are scrambling to find new supplies.
What I’m talking about here are rare earth metals.
They are used in all manner of things from rechargeable batteries found `in eco-vehicles and wind turbines to superconductors and missile guidance systems.
In fact rare earths are all around us – most of us just don’t realise it.
In all there are 17 rare earths. They go by exotic names such as dysprosium, holmium and erbium and they are used to produce powerful magnets, or improve a metal's ability to withstand high temperatures.
As the name suggests these rare earth metals are incredibly scarce. So scarce in fact that demand will outstrip supply by 30-50,000 tonnes in 2012....
See link for full article.

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flyingswan 30th Dec '10 4 of 5

SMALL COMPANIES ROUNDUP: RARE EARTH MINERALS GETS CHINA BOOST


China said it would cut export quotas on rare earth minerals

Thursday December 30,2010
By Daily Express reporter

RARE Earth Minerals gained ¼p to 0.92p yesterday after China, which has a near-monopoly on the world’s supply of rare earth minerals used for making electrical goods such as TVs and PC monitors, said it would cut export quotas.


Read more: http://www.express.co.uk/posts/view/220139/Small-companies-roundup-Rare-Earth-Minerals-gets-China-boost/Small-companies-roundup-Rare-Earth-Minerals-gets-China-boost#ixzz19c1fjNnq

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flyingswan 30th Dec '10 5 of 5

Proactive: What should we look out for in 2011?

Lenigas: At Lonrho the potential move of the listing back up to the main board. Leni Gas & Oil is finally achieving the 1,000 barrels of oil daily production, while at VGM it will be exceeding the 100,000 ounce per year gold production target. Of course Solo Oil is spudding the next drill hole in Tanzania with Tullow and Aminex and REM is starting the first rare earth project. And finally, but not forgetting Lonrho Mining. We should have a reserve and resource report towards the end of the year on the massive Lulo diamond project in Angola.

Proactive: Which of your companies do you expect to perform best in 2011?

Lenigas: Lonrho, LGO, Solo and REM could be the best performers.

http://www.proactiveinvestors.co.uk/companies/news/24273/company-qa-lenigas-reflects-on-a-busy-year-and-gives-us-his-picks-for-2011-24273.html

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