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I see Reet the unflushable turd has surfaced again. Always a good sign for Rainbow when he feels the need to make an appearance. I have to say he's sounding a bit desperate and panicky, bless him
Tornadotony,
I don't need your information on the cost of MREC. Especially since you don’t have it.
Opex per MREC production can be easily calculated based on the data presented in the RBW presentations. What I recommend you do.
Reet's friends have been so busy beating the price down to stop mine investment and development they must be sick of Rainbow as they cannot and will not keep the price supressed forever. With our new "green" option available to the market soon and a lot more incoming they must hate the fact that we don't need their processing either and it sticks firmly in their slanty craw...!
Reetech
Why the hurry to find out data? Why all the exclamation marks? Why not write to the company directly and ask for the precise information you want and discover if the RBW wants to share costing data with a competitor company instead of using me as an unpaid expert. I do know the answer to your question and it is up to you to work it out and earn the research money your Chinese pay master has given you. I only answered your previous questions as it helped new investors buying RBW stock. My guess on why you need the info is to try and get a future pricing on MREC and particular REES to sell into Western markets at dump down cost to frustrate Western producers getting finance entering the market. We all know what your game is and all that high grading of rare earth mines and market manipulation in China will not work. In the end tariffs get slapped on to support independent supply lines and secondary tariffs get applied to buyers of Chinese undercut rare earth prices on any product they put them in. Tony
Dear Tornadotony,
send a link to my question!!!
At $33.86 - What is the share of Opex on:
- MREC carbonate production?
- separation of concentrate into magnet rare earth?
At least an approximate!!!
I always find it reassuring when the short side do not bother looking at the company website or visiting CEO presentations.
I don't know why people engage Ree is always fishing to catch one
Bjhesus H, ffs- we've all shorted from 16 and done fine without insiders, or maybe the odd nudge...
But wtf is your game ReetTech?
This is worth a long now, surely- this is not a dead cat bob: the fundamentals are so strong.
I don't understand your agenda.
I've been honest- give me your position please?
Thanks Tornadotony.
"The attached states that front end is going for a carbonate MREC. Opex was $33.86 per Kg magnet rare earth."
At $33.86 - What is the share of Opex on:
- MREC carbonate production?
- separation of concentrate into magnet rare earth?
At least an approximate!!!
The Detailed feasibility Study is to undertaken later this year which gives far better costing analysis.
https://www.rainbowrareearths.com/wp-content/uploads/2024/03/Investor-Presentation-March-2024-1.pdf
The attached states that front end is going for a carbonate MREC. Opex was $33.86 per Kg magnet rare earth.
Thanks Tornadotony.
Could you please tell me what the cost of MREC and MRES is based on the developed technological schemes.
Unlikely to be REE oxides as that would be a back end flow sheet operation in USA. Phalaborwa Flowsheet for MRES and MREC was completed in the pilot phase last year. The project was de-risked in that it was profitable at the MREC or MRES stage at the lower end of market prices.
Dear Sirs, can anyone answer the question - what is planned to be produced at the plant in PHALABORWA? MRES, MREC or REE oxides?
REETECH, That's old news; you know that the price dropped dramatically from the beginning of the Year, having varied from 56,000 on Jan 8th down to 49K in the middle of May. Compared to the quota, China had a surplus of over 6,000 mts last; this year, they are expecting a deficit of slightly less than 1,000 MTs. consequently, the NdPr price has increased to the highest it has been since the beginning of the year. it seems that the magnet manufacturers are stockpiling now as they don't expect the prices to drop less than they are paying now but rather to increase.
Chinese companies see profits from rare earths fall in 2024
https://www.asianews.it/news-en/Chinese-companies-see-profits-from-rare-earths-fall-in-2024-60647.html
Guest speaker:-
https://x.com/RainbowREarths/status/1783497024890945773?t=iu9E21Ynv3Sv3CU-RZELcA&s=08
Nice rises over the week hopefully some news due🙏
The (independent) broker rating was 34p? but that was risked at 50%.
So de-risked (i.e. when the oxides are separated at 99.5%) would be double that.
A very interesting company and with all that American backing and positive mining news this could rocket above broker ratings.
GLA
This morning it was not possible to buy any unless small amount. Not surprised the SP is going up as they try and pull in shares to meet buy orders.
American Rare Earths’ Wyoming project sparks SPAC interest
https://www.miningweekly.com/article/american-rare-earths-wyoming-project-sparks-spac-interest-2024-04-29
The future's bright and the share price reflects it.
Nonsensical drivel, but somehow appropriate!
GLA