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They still need confirmation of the grade etc as said in the article. We get that data later.
And as expected, back to 0%
Tony its immaterial. The end of day price is determined by the auction and its at a balance set by the market makers
So was the 50,000 around 46 seconds in. Can not understand what is going on here. Just imagine if the result was the opposite with a 16% resource reduction. This should be at least 0.5p on the sell side to 12p.
'Sell' posted at 08:09 is a buy - been a shareholder for 2 years+ and adding here - with the upcoming catalysts this is a strong buy. GLA, Steve
The future looks good here👍
Happy Monday
As expected.
https://www.voxmarkets.co.uk/rns/announcement/4a1a1cd5-a66c-4a7d-bdaf-021d3c69d818/
And what did this bring you closer to?
Uberaba was chosen for its similarities to Phalaborwa chemically and the onsite sulphuric acid plant.
"We use molten sulfur at our phosphates concentrates plants to produce sulfuric acid, one of the key components used in the production of phosphoric acid. We consumed approximately 1.2 million long tons of sulfur for our own production during 2021. We purchase approximately 26% of the volume under annual supply agreements from oil and natural gas refiners, who are required to remove or recover sulfur during the refining process. The remaining 74% is purchased in the spot market. Sulfur is imported through the Tiplam port and transported by rail to the Uberaba plant and by truck to the Araxá and Cajati locations. Although sulfur is readily available from many different suppliers and can be transported to our phosphate facilities by a variety of means, sulfur is an important raw material used in our business that has in the past been, and could in the future be, subject to volatile pricing and availability. Alternative transportation and terminaling facilities might not have sufficient capacity to fully serve all of our facilities in the event of a disruption to current transportation or terminaling facilities. Changes in the price of sulfur or disruptions or sulfur transportation or terminaling facilities could have a material impact on our business.
Https://www.innovationnewsnetwork.com/us-and-allied-nations-progressing-rare-earth-recovery-in-response-to-chinas-dominance/43912/ - it's really "tomorrow"
Is it Dim sum or just some are dim ? My little dumpling ! "Fairy tale" what an absolute plum (sauce).
"Oh that reminds me, balls, sweet and sour prawn please." - this will be your constant meal at a Chinatown diner, unless you stop naively believing in the fairy tale about phosphogypsum.
Oh that reminds me, balls ,sweet and sour prawn please.
Tornadotony,
very good suggestion and relevant comments. “Research Hobby” is exactly what I wrote about earlier. At the moment, the technology is “raw” and requires additional research. This is what forces RBW to change the “primary” mixture of sulfates to carbonates of rare earth elements, to clean them from unwanted impurities. All these changes in technology, as well as the decrease/increase in costs for its implementation, are not reflected in any way.
In the meantime last sentence.
The market is responding negatively to the last RNS. Belatedly, the company is emphasising the iterative nature of what they are doing and the extension of timelines. At some point the R and D has to get near market and then on the market. The company needs to deliver a different tone and emphasis as the real end point is to make money. Investors otherwise will feel they are supporting a research hobby. I am not wanting to be negative on RBW and all the great work team has done. It is time to get more business orientated on timelines (that are actually met) and we have that focus and language of route to market with more details of action plans and approvals that need to be obtained to facilitate exploitation of the technology. In the meant timeshare prices are getting near bargain basement.
Think a lot of the projects haven't been brought online due to the artificially depressed prices making the mines uneconomical to progress.
RBW doesn't have to mine at all a d the low price to produce means we should survive where others fail.
And egg fried rice please !
Https://x.com/RainbowREarths/status/1757723544933290096?s=20
Oh, and don't forget the prawn crackers !